Here's a thrilling post for the $SUI long liquidation trade:
🚨 #SUI Long Liquidation Trade 🚨
🟢 Position: Long
🟢 Liquidation: $7.7444K
🟢 Current Price: $4.39676
🟢 Trade Type: Long
🟢 Entry Point: $4.35 - $4.40
🟢 Target: $4.80 - $5.00 (Upside potential)
🟢 Stop Loss: $4.20 - $4.15 (Below key support)
Current Trend:
The price is showing bullish momentum with strong support levels forming around $4.35 - $4.40.
The liquidation indicates market pressure for the upward move, signaling potential for continued buying pressure.
🔔 Watch closely: If the price clears resistance near $4.60, it could trigger a larger rally toward the $5.00 range.
However, a dip below $4.15 will invalidate the long position and signal a potential reversal.
This post highlights the entry, target, and stop-loss points for a potential long position on SUI.