šŸšØ $SUI Long Liquidation Alert! šŸšØ

A massive $60.241K long liquidation just occurred at $4.86029 in the $SUI market! This is a huge move, and it could be the start of something big. Hereā€™s what you need to know to potentially capitalize on it.

šŸ” Whatā€™s Next? With such a large liquidation, expect high volatility in the SUI market. Hereā€™s how you can prepare:

šŸ’„ Buy Zone: Watch for a pullback to $4.75 - $4.85. This zone could act as a support level, and if the price holds steady here, it might be a great opportunity for an entry.

šŸš€ Target: If SUI starts to recover, target the $5.10 - $5.20 range. These are the next resistance levels, and they could be where the price struggles to break through.

ā›” Stop Loss: To protect your position, set your stop loss below $4.60. If the price falls under this level, the market could continue downward, and itā€™s safer to exit.

šŸ”‘ Strategy: Patience is key after a large liquidation like this. Wait for confirmation that the price is bouncing and showing signs of strength before jumping in.

šŸ’” Keep an eye on the volume. A surge in buying volume near the buy zone could indicate that the market is finding support and preparing for a possible rally.

Stay sharp and manage your risk! The $SUI market can move quickly, but with the right strategy, you can navigate these big price swings. Good luck! šŸ’°šŸ“ˆ

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