$SUI are dumb slowly keep watch ⌚
Long Liquidation Alert
💥 Liquidation Breakdown:
A staggering $118,000 in long positions was liquidated as $SUI dropped to $5.136. Bulls were caught off guard as the bears pushed the market down, triggering major liquidations.
📉 Momentum Analysis:
Bearish Strength: This significant liquidation suggests heavy selling pressure and a loss of support at key levels.
Key Support Zone: $5.10 now becomes a crucial level to watch—further breakdown could lead to intensified bearish momentum.
🚨 Trading Insights:
Downside Risk: If $SUI continues its descent, the next support zone could be around $5.00.
Reversal Watch: A quick recovery above $5.14 might indicate buyer reentry for a potential rebound.
Will the bulls regroup, or will the bears maintain control? Stay cautious as the market absorbs this high-impact move!