$SUI Liquidation Alert: $SUI Longs Wiped Out.

Massive Liquidation of $3.9076K at $4.2219.

Traders holding long positions faced a brutal reckoning as the market dipped to trigger liquidations at $4.234. The market volatility continues to test traders' strategies, with aggressive price movements catching many off guard.

What's Happening.

Long Liquidation: When traders borrow funds to bet on upward price movement, they face liquidation if the price drops below their margin threshold.

Impact: This liquidation signals that the bulls couldn't sustain the momentum, leading to forced selling and possibly adding downward pressure to the price.

Key Levels to Watch:

Support Zone: $4.00 - $4.10

Resistance Zone: $4.30 - $4.50

Next Move.

If the market holds above $4.00, bulls may regain control and push toward $4.50.

If $4.00 support breaks, expect a further dip to $3.80.

Thrilling Times for Traders.

Are you prepared for the next wave of volatility.

Stay sharp, stay informed, and trade wisely.

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