BOOM! $SUI Explodes — Bears Got Wrecked!
$2,035,500 in Short Liquidations at $3.9628
The pain is REAL for the shorts!
What Happened?
Traders betting against $SUI just faced a brutal liquidation tsunami. As price surged near $4, over $2M in short positions were wiped out — that’s a bloodbath in the bear camp!
Key Levels to Watch:
Resistance: $4.05 – If bulls break this, we could enter price discovery!
Support Zone: $3.60 - $3.75 – Watch for healthy pullbacks here.
Next Bull Target: $4.25 and $4.65
Caution Zone: If price drops below $3.58, we might see a short-term cooldown.
Why It Matters:
This kind of massive liquidation often marks a momentum shift. It shows whales and institutions may be pushing prices higher — liquidating overleveraged traders and shaking the weak hands out.
Pro Tip:
Stay smart — Don’t chase the pump. Wait for a confirmed retest around $3.75-$3.80 before entering. Use stop-loss and trade with discipline.
