$SUI Long Liquidation: Bulls Crushed at $5.13!
A sharp move in the SUI market resulted in a $4.09K long liquidation, triggered at the pivotal level of $5.13.
This liquidation reflects growing bearish dominance, as a key support level gave way under selling pressure.
Key Details:
Liquidation Value: $4,086.60
Triggered Price: $5.13
Market Sentiment: Bears in control, with bulls losing ground.
Next Move:
Downside Risk: If the bearish trend persists, $SUI could test the next support at $5.00, a psychologically critical level.
Upside Potential: A bounce above $5.20 might signal a recovery and attract renewed buying interest.
Suggested Stop Loss:
For longs: $5.05
For shorts: $5.20
$SUI is in a critical zone—brace for heightened volatility as the market seeks its next direction!