Big Liquidation Alert!
🔹 $SUI Short Liquidated: $73.5K
🔹 Price Level: $3.554
This short liquidation highlights strong upward momentum!
When shorts get squeezed like this, it often causes a sharp price rise as traders scramble to cover positions.
What’s Next for $SUI ?
Bullish Surge?
If $3.554 becomes a solid support level, we could see SUI push higher, possibly targeting $3.60 or even $3.70.
The market may continue to gain momentum after this liquidation.
Bearish Correction?
If $3.554 doesn’t hold, we might see a small pullback, potentially testing $3.50 or lower. Traders will watch for signs of support to hold.
Key Strategy:
For short-term traders:
This could be an opportunity to jump in if the upward trend continues. Be ready for quick moves.
Long-term investors:
A breakout above $3.60 might indicate a strong bullish trend, so keep an eye on this level for potential buys.
SUI's price could explode next – stay alert!
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