$SUI Long Liquidation Wipeout!

SUI Liquidated Long:

Amount: $50,300

Liquidation Price: $4.183

SUI traders faced a crushing blow as $50.3K in long positions were wiped out at $4.163!

This liquidation wave underscores strong bearish pressure, with traders caught in overleveraged positions as the market turned sharply.

The fallout has left SUI teetering near critical support, raising questions about its next move.

→ What Triggered the Liquidation?

1. Bearish Momentum:

A rejection at higher levels triggered sell-offs, breaking through key supports.

2. Leverage Risk:

Traders betting on a rally were overexposed, amplifying the sell pressure when the price fell.

3. Market Sentiment Shift:

Broader crypto market uncertainty could have contributed to the downtrend.

→ Current Value Analysis

If above $4.183: SUI could attempt a recovery, with resistance at $4.200 and $4.250.

If below $4.163: Watch for further downside, with $4.100 and $4.050 as potential support zones.

What’s Next for SUI?

1. For Bulls:

A bounce above $4.200 is essential to regain momentum and push toward $4.250+.

2. For Bears:

If SUI remains below $4.183, the next targets are $4.100 and $4.050.

→ Key Move:

Volatility is spiking—adapt your strategy to the fast-moving market!

Will SUI reclaim its bullish momentum, or is deeper downside ahead? Let’s strategize!

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