$SUI Short Liquidation: $5.0044K at $4.5752

🚨 Market Alert:

Liquidation Type: Short

Liquidation Value: $5,004.4

Liquidation Price: $4.5752

💹 Market Insight:

SUI has seen a significant short liquidation at $4.5752, signaling a possible shift in market sentiment. With the shorts squeezed out, bulls may now be looking to take control. This could create a strong upside potential, so it's time to position for potential gains.

🔥 What’s Next?

Buy Zone: Consider entering between $4.55 and $4.60, where price may stabilize and set up a potential rally.

Target 1: Aim for $4.80, a key resistance level where profit-taking could occur.

Target 2: If momentum continues, target $5.00, a major breakout point for further upside.

Stop Loss: Place your stop-loss at $4.45 to protect from any downside risk.

💥 Key Levels to Watch:

Support Zone: $4.55 is the key support level. If price holds here, it could signal further bullish moves.

Resistance Zone: $4.80 is critical for continuation, with $5.00 as the next major resistance to watch.

🔔 Pro Tips:

1. Volume Confirmation: Keep an eye on rising buy volume as the price approaches the $4.60 mark to confirm a potential continuation.

2. Profit Strategy: Lock in partial profits at $4.80 and adjust your stop-loss to secure gains as the price targets $5.00.

3. Market Sentiment: Follow SUI’s project updates and broader market trends, as they can influence price action significantly.

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