$SUI Liquidation Alert: Big Move Incoming!
A HUGE short liquidation of $16.394K just occurred at $4.73345, signaling high volatility and potential for a trend shift. The bears have taken a hit—are the bulls about to take over? Here’s your full breakdown:
What’s Happening?
This liquidation means traders betting against $SUI were forced out, pushing prices higher. Such events often trigger a chain reaction, with momentum driving prices further. It’s time to stay sharp and plan your next move!
Key Levels to Watch
Buy Zone: $4.65 - $4.72 (Wait for a pullback to enter near these support levels)
Target 1: $4.85
Target 2: $5.00
Target 3 (Aggressive): $5.20
Stop Loss: Below $4.60 (Keep risk minimal and protect your capital)
Game Plan
1. Scenario 1: Bullish Breakout
If $SUI holds above $4.72 and breaks $4.85 with strong volume, the trend is bullish. Watch for price action near $5.00 as the next major resistance.
2. Scenario 2: Bearish Rejection
If SUI fails to hold $4.65, bearish pressure might return. In this case, avoid buying until it reclaims the $4.70 zone.
Quick Tips
Volume: Monitor trading volume closely. A strong breakout with high volume confirms the move.
Risk Management: Stick to the stop-loss, even if the market gets volatile.
Pro Tip: Patience pays! Let the price come to your zone—never chase the market. Plan smart, trade sharp!
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