$SUI Short Liquidation: Bears Crushed as $2.2K Wiped Out at $4.25748!
A significant $2.2275K SUI short position has just been obliterated at $4.25748, signaling a surge in bullish momentum.
This liquidation hints at a potential rally as short sellers scramble to recover, fueling upward price action.
Key Details:
1. Liquidation Highlights:
Liquidated Amount: $2.2275K $SUI
Liquidation Price: $4.25748
2. Market Sentiment:
A major short squeeze could be unfolding as bulls take control, potentially driving SUI to new highs.
Suggested Next Moves:
1. For Traders:
Breakout Watch: Monitor for a sustained move above $4.30. If breached, the next target zones are $4.50-$4.60.
Buy the Dip: Look for pullbacks near $4.20-$4.15 for safer entries if the rally pauses.
2. For Long-Term Investors:
Consider scaling into positions if the price holds above $4.20, signaling strong support.
3. Risk Management:
Use stop-losses below $4.15 to minimize risk if momentum fades.
Avoid chasing overly extended moves; wait for confirmation of trend continuation.
The bears are on the run, and the bulls are charging ahead. This could be the start of an explosive SUI rally—
