$SUSHI Long Liquidation Update: $2.058K at $1.7741

Key Details:

Long Liquidation Amount: $2.058K

Price at Liquidation: $1.7741

This liquidation indicates that a large number of traders holding long positions were forced to close at this price, which may lead to increased selling pressure and a potential price drop.

Next Move Suggestions:

Be Cautious of Further Decline: After a long liquidation, the market might continue downward as other traders react to the price drop.

Wait for Stabilization: Look for signs of price stability or support forming before making any decisions.

Buy or Sell?

Sell if the price continues to weaken or falls below support levels, as it could indicate further declines.

Buy only if the price shows strong signs of recovery and holds above key support levels.

Support & Resistance Levels:

Support: $1.70 (Watch closely. If the price holds above this, it might bounce back.)

Resistance: $1.85 (If the price pushes above this, it could signal a recovery, but watch for confirmation.)

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