$SUI Short Liquidation Frenzy
$6,958.6 Liquidated at $4.41648
A massive short squeeze just erupted in $SUI, wiping out nearly $7K in short positions at $4.41648!
This is a powerful signal of bullish momentum, and the market is now on fire. Bears have been crushed, and the bulls are
fully in control, pushing SUI to new heights.
Key Details:
The $6,958.6 liquidation at $4.41648 indicates massive short interest and intense market volatility.
As bears scramble to cover their positions, the price could continue its upward trajectory.
Short squeezes of this magnitude often lead to continued bullish pressure, as liquidated positions drive more buying.
What’s Next?
1. Momentum Traders: Watch for continued buying above $4.40.
If $SUI holds this level and breaks past $4.50, the rally could gather even more steam.
2. Resistance Levels: Pay attention to the $4.50-$4.60 range. If SUI breaks through, it could lead to a quick move toward $5.00 and beyond.
3. Risk-Aware Bears: If SUI shows signs of exhaustion near $4.60, consider waiting for a pullback, but only after confirming that the rally has stalled.
Key Levels to Watch:
Resistance: $4.50-$4.60. A breakout above these levels could push SUI toward $5.00.
Support: $4.40. If this level holds, expect the rally to continue. A drop below could signal a pullback.
The Bulls Are Unstoppable — With such massive liquidations, the momentum could carry $SUI to new highs. Stay alert, manage your risk, and position yourself for the next big move!