$SUI Liquidation Alert: $10.093K Shorts Wiped Out at $4.27389!
Sui ($SUI ) has just witnessed a short liquidation of $10,093 at $4.27389, indicating strong buying pressure and the potential for a price surge. With bears caught off-guard, this could signal the beginning of a bullish move. Let’s dive into the details and plan your next steps!
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Key Levels for SUI
1. Buy Zone:
$4.25 - $4.30: Ideal for short-term entries to ride the current momentum.
$4.10 - $4.20: A strong support zone for longer-term accumulation if the price dips further.
2. Target Levels:
Short-term target: $4.40 - $4.50.
Mid-term target: $4.75 - $5.00.
3. Stop Loss:
Place your stop loss below $4.10 to minimize potential downside risks.
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What Could Happen Next?
Bullish Scenario:
If SUI holds above $4.25, it could quickly climb to $4.40 and $4.50. A breakout above $4.50 with high volume might push the price to $4.75 or even $5.00.
Bearish Scenario:
If SUI fails to hold $4.25, it may test the $4.10-$4.20 support zone. Falling below $4.10 could see the price drop toward $3.90.
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Factors to Watch
1. Volume Activity: Increased buying volume near $4.25-$4.30 could confirm bullish momentum and a potential breakout.
2. Market Sentiment: A rally in the broader crypto market could strengthen SUI’s upward trajectory.
3. Ecosystem Updates: Any announcements about Sui’s network developments, partnerships, or adoption could act as a catalyst for further gains.
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Pro Tip: Always stick to your plan and avoid trading emotionally. Use proper risk management and avoid chasing price spikes. This is not financial advice—just an analysis to help you map out your strategy. Stay focused, trade smart, and ride the trend!
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