🔥 $SUI Liquidation Alert! 🔥

A $6.0447K short position has been liquidated at $5.0159, signaling a potential shift in market momentum. Are the bulls ready to take control? Get ready for the next big move in $SUI!

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What’s Next?

This liquidation could indicate a strong push upward as shorts get squeezed, forcing prices higher. Let’s break it down:

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Key Levels to Watch

Buy Zone: $4.90 – $5.05

(Watch for a retrace to these levels before entering a position.)

First Target: $5.30

(A near-term resistance level where profits can be taken.)

Second Target (Stretch Goal): $5.50

(If momentum builds, this could be the next major target.)

Stop Loss: $4.75

(Keep it below strong support to limit losses.)

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Market Insights

1. Bullish Sentiment: The liquidation shows buyers are gaining strength.

2. Volume Confirmation: A spike in volume could confirm a breakout.

3. Trend Check: Watch for higher highs and higher lows on the chart.

Be patient for a pullback to the buy zone for a safer entry. Always set stop losses and stick to your trading plan!

The market is heating up—don’t miss the opportunity to ride this potential wave. 🌊

What’s your next move?

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