🔥 $SUI Short Liquidation Alert! 🔥
A massive $126.03K liquidation just took place at $5.21165, shaking up the market! This is a clear signal of heightened activity and volatility for $SUI. Let’s dive into what’s next and how to capitalize on this move.
📊 Market Breakdown
The large short liquidation suggests strong buying pressure entering the market, which could trigger a bullish move. But don’t rush in—plan your trade around critical levels.
🔍 Key Levels to Watch
Buy Zone: $5.00 - $5.15
Look for a retracement into this zone to enter safely.
Target 1: $5.50
A key resistance level where you can take partial profits.
Target 2: $5.80
If momentum stays strong, this is the next area to aim for.
Stop Loss: $4.90
Place your stop loss below this level to minimize risk if the trend reverses.
⚡ What’s Next?
Bullish Case: If $SUI stays above $5.15 and trading volume picks up, expect it to rally toward $5.50 or even $5.80.
Bearish Case: If dips below $5.00, it may head to test lower support around $4.75. Be cautious if this happens!
for Traders
Watch for high-volume breakouts to confirm momentum.
Use a tight stop-loss to protect against sudden reversals.
Avoid chasing the price—wait for it to hit the buy zone.
Always trade smart—your capital is your most valuable asset!
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