$SUI Liquidated Long: $69.4K at $3.622
$69.4K Gone in the Blink of an Eye!
$SUI traders just felt the sting of the market as a massive long position got liquidated at $3.622. The bulls couldn’t keep the momentum alive, and the bears took full advantage!
What Happened?
$SUI failed to hold above $3.65, triggering a cascade of stop-loss hits and forced liquidations.
Increased selling pressure sent prices tumbling through key support zones.
What’s Next for $SUI?
Critical Level to Hold: $3.60 — a breach here could open the floodgates for further downside.
Potential Bounce Zone: If buyers step in, $3.70 could act as a recovery target.
Trading Wisdom: Liquidations are painful, but they can also signal key reversal points. Watch closely for clues!
Are you bracing for more downside or prepping for a rebound?