The data indicates that a long liquidation of $4,844.30 occurred at a price of $1.821 for $SUSHI (SushiSwap). Here's a breakdown:

Long liquidation: This happens when the price drops to a level where leveraged long positions are forcibly closed because the collateral is insufficient to maintain the position.

Price level: The liquidation occurred at $1.8123, meaning this was a key support level that failed to hold, triggering liquidations.

Implications for SUSHI

Bearish sentiment: A long liquidation indicates downward pressure, as traders who were betting on price increases were forced to sell.

Potential next moves:

If $1.8123 continues to act as resistance, further downside might be expected.

If it recovers quickly, it could signal that this level is being defended.

What to watch:

Support levels: Check if $SUSHI finds support around $1.8123 or lower levels, such as $1.75 or $1.70.

Resistance levels: If the price rebounds, it might face resistance near $1.90 or $2.00.

Would you like a detailed technical analysis for $SUSHI , including buy zones, targets, and stop-loss suggestions.

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