$SUI Update: Major Liquidation Alert!
$197K Long Positions Liquidated
Price Touched $3.796
A significant shakeout has occurred! Long traders suffered heavy losses as SUI faced strong rejection at $3.796.
This liquidation wave highlights weakening buyer momentum in this zone.
What’s Next for $SUI ?
• Critical Support: Watch $3.70; if breached, further downside toward $3.50 is likely.
• Upside Potential: Bulls need to reclaim $3.80 quickly for a possible recovery towards $4.00.
• Volume Check: Low trading volumes signal caution—await a decisive breakout before entering.
Strategy Insight: Short-term traders may consider staying on the sidelines until clearer market direction emerges.
Long-term holders should monitor for re-entry opportunities if SUI approaches lower support zones.
Stay sharp—volatility is high, and the next move could set the tone for December’s trend!
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