$SUI Long Liquidation Alert!
A long position worth $1.28K was liquidated at $4.7963, signaling a strong downward move as buyers were unable to hold the price.
Key Details:
Liquidation Price: $4.7963
Market Sentiment: Bears are in control, pushing the price down.
Support & Resistance Levels:
Support: $4.75 (if broken, price may drop further).
Resistance: $4.85 (needs to break for a recovery).
What to Do Next?
If Price Holds Above $4.75: Consider buying for a possible rebound.
If Price Falls Below $4.75: Wait for stability or consider selling.
Use stop-loss orders to limit risk, and avoid heavy leverage during this volatile period.
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