$SUI Long Liquidation Shock!
A hefty $97,600 long position has been wiped out at $3.437, marking a significant shift in the market.
This liquidation shows strong bearish pressure, as buyers were unable to defend key support levels, leaving over-leveraged positions in the dust.
What Does This Mean?
The liquidation highlights rising selling momentum, with bears temporarily gaining control. This could lead to more volatility, making it a critical time for traders to stay sharp.
What’s Next for $SUI ?
SUI is at a turning point. If bearish pressure continues, it might test lower support zones.
However, if buyers step in at these levels, we could see a quick recovery and potential consolidation.
👉 Key Levels to Watch:
Support: $3.40 (critical to hold for a bounce).
Resistance: $3.50 (needs to break for bullish continuation).
Pro Insight: Consider waiting for clear confirmations before entering new positions.
The market is choppy, and quick reactions could be costly. Patience pays in times of uncertainty!
#BNBChainMeme #XRPMarketShift #BinanceHODLerTHE #GODINDataForAI #NotPriceSurge