Liquidation Update: $SUI
A $55.3K short position has just been liquidated at $5.141, hinting at strong bullish momentum in the market!
Key Price Levels:
• Support: $5.05 – Holding this level could sustain upward momentum.
• Resistance: $5.25 – A break above this could trigger a powerful rally.
Next Move:
• Buying Opportunity: If price pulls back to $5.10–$5.13, consider entering a long position.
• Selling Zone: Watch for targets around $5.30–$5.35 to book profits.
If support at $5.10 breaks, be cautious of a potential downside move.
Trend looks promising—keep an eye for breakout confirmations!
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