$SUI Short Squeeze Alert!
$92.3K Short Position Liquidated at $3.391!
In a bullish market move, a $92,300 short position on SUI was liquidated at $3.391, signaling strong upward momentum as bearish traders were forced to cover their positions.
This liquidation underscores growing confidence among bulls, driving $SUI to challenge higher resistance levels.
Short squeezes of this magnitude can amplify buying pressure, fueling further upward momentum.
The question now:
Will SUI continue its breakout, or is a pullback on the horizon?
Key Insight:
Events like these highlight the risks of shorting during upward trends.
Traders should tread cautiously and use tight risk management to navigate fast-moving markets.
Stay tuned as $SUI momentum builds and the market anticipates its next big move!