$SUI Short Liquidation: $141K at $3.719

A massive $141K short position on SUI was liquidated at $3.719, signaling a powerful move upward as shorts get squeezed.

This indicates strong bullish momentum and a possible continuation of the rally.

Market Overview:

The liquidation of this size suggests significant buying interest, with bulls likely taking control of the market.

The price action around $3.70 may now act as support, creating a foundation for further gains.

What’s Next for $SUI ?

• Upside Potential: If the trend continues, SUI could target $3.80-$3.85 in the short term.

• Support Level: $3.70 will be critical. A retest and hold of this level could signal more upside.

• Resistance Zone: Watch for $3.90 as a potential barrier for bulls.

Trading Insight:

Traders looking to capitalize on momentum may consider entering on dips near $3.70.

Be cautious of sudden pullbacks; consider tight stops to manage risk.

$SUI ’s bullish momentum could continue—stay alert for further opportunities!

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