šŸ”„ $SUI Long Liquidation Alert! šŸ”„

A long liquidation of $9.0953K just took place at $4.382, signaling increased selling pressure. However, this could open doors for a potential rebound if buyers step in. Letā€™s break it down and prepare for the next move!

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Whatā€™s Happening?

Long liquidations occur when buyers are forced to exit their positions due to price drops. This often leads to a temporary dip, but it can also present an opportunity to enter at key support levels.

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Buy Zone

Entry Range: $4.35 - $4.40

This zone is where support may hold, offering an ideal entry point if the price stabilizes. Monitor closely for buying signals.

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Target Levels

1. Target 1: $4.45 (Immediate resistance)

2. Target 2: $4.55 (Short-term breakout level)

3. Target 3: $4.70 (Bullish continuation zone)

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Stop Loss

Below $4.30

Set a stop-loss under this level to manage risk in case of further downside pressure.

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Market Sentiment

šŸ’” Cautiously Bullish: If $SUI holds above $4.35, a recovery toward $4.45 and beyond is likely.

āš ļø Bearish Alert: A break below $4.30 could signal additional selling, with the next support at $4.20.

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Pro Trading Tips:

1. Wait for Confirmation: Let the price stabilize in the buy zone before entering a trade.

2. Watch Volume: Strong buying volume around $4.35 is a key signal for a potential rebound.

3. Risk Management: Stick to your stop-loss and target levelsā€”donā€™t overtrade.

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Stay Alert, Trade Smart, and Maximize Your Profits! šŸš€

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