$SUI Short Liquidation Alert!
Massive market action! A short liquidation of $7.44K at $4.18248 just occurred for SUI, signaling that the bears are losing grip. The price could be primed for an upward move. Here's how to take advantage of the potential rally:
Buy Zone:
Look to enter between $4.15 - $4.20. This could act as strong support if the price consolidates in this range.
Targets:
1. First Target: $4.50 (Immediate resistance level)
2. Second Target: $4.80 (Next key resistance)
3. Final Target: $5.00+ (Major breakout if bullish momentum accelerates)
Stop Loss:
Set your stop loss at $4.00 to protect your position in case of a sudden downturn.
What’s Next?
This short liquidation shows that SUI could be preparing for a bullish move. If the price holds above $4.20, expect a move toward $4.50 and potentially higher. However, if it drops below $4.00, further downside could follow.
Ready to make your move? Stay alert, trade wisely, and manage your risk!
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