$SUI Long Liquidation Alert!
A $1.4981K long position was liquidated at $4.7924, indicating selling pressure as buyers failed to defend key levels.
Key Details About $SUI:
Name: SUI
Purpose: A next-gen blockchain focused on scalability, low latency, and instant transactions.
Current Status: Price action is under pressure from recent liquidations.
Support Level: $4.75 – If this holds, sui could stabilize or bounce back.
Resistance Level: $4.85 – Breaking this level could spark bullish momentum.
Strategy:
Buy: Consider buying if $SUI holds above $4.75 and shows recovery signs toward $4.85.
Sell/Wait: If $4.75 fails, selling or waiting for a clearer trend is safer.
Stop-Loss: Place your stop-loss at $4.70 to protect against further downside.
Watch $4.75 and $4.85 carefully to decide your next move.
This is a critical moment for $SUI's price direction!