$SUI Short Liquidation Alert
š„ Liquidation Amount: $9,174.90
š Liquidation Price: $4.73986
A dramatic short liquidation just hit SUI, wiping out a staggering $9.17K at $4.73986! Bulls are running wild as shorts scramble to cover, driving prices higher and creating an electrifying surge in the market.
Whatās Driving This Surge?
1ļøā£ Bullish Momentum: SUI has broken through key resistance levels, triggering aggressive buying and forcing short sellers to exit their positions.
2ļøā£ Short Squeeze in Action: With over $9K in short positions liquidated, the squeeze is amplifying, causing the price to shoot up as more traders are forced to cover.
3ļøā£ Increased Volatility: Expect sharp price moves as short liquidations like this can trigger wild market swings and heightened volatility.
Whatās Next for SUI?
Resistance: $4.80āThis level is crucial for bulls to conquer in order to maintain the momentum and push higher.
Support: $4.70āA strong defense here could ensure the continuation of the bullish trend.
š Traderās Insight:
For Bulls: Look for confirmation above $4.80 to continue riding the wave higher, targeting even more substantial gains.
For Bears: Be cautiousāshorting could be dangerous right now. Any further push above $4.80 may signal more upside, leaving shorts vulnerable.
š„ The Big Question: Will SUI continue its explosive rally past $4.80, or will resistance bring the surge to a halt? Share your predictions below as we track this thrilling short liquidation!
