🔴 $SUI Long Liquidation Alert!
Another big flush just hit the markets!
$9,950.5 worth of long positions were liquidated at $3.17523 on $SUI.
This indicates increased downward pressure and growing market volatility.
What This Means:
$SUI A significant long position got wiped out, likely due to overleveraged traders getting caught in a price dip.
These liquidations can trigger further cascading effects or set the stage for a reversal if enough positions are cleared.
Current Technical Snapshot:
Liquidation Level: $3.175
Immediate Support Zone: $3.15 – $3.17
Key Resistance Zone: $3.22 – $3.25
Next Strong Support: $3.05
Market Implication:
$SUI This kind of liquidation is a signal to trade with caution.
Whether you're planning a re-entry or observing for a bounce, always wait for price confirmation.
Pro Tip:
When liquidations spike, it often means the weak hands are being flushed.
Smart money waits for signs of stabilization before acting.
Stay sharp. Trade safe.
