$SUI Liquidation Alert: Big Moves Ahead
A massive short liquidation of $1.44K occurred at $3.3127 — and this is no coincidence. It signals high volatility and a potential trend reversal or squeeze brewing. Here's your full technical breakdown and trading plan:
$SUI Technical Analysis
Trend Insight: SUI has triggered short liquidations, suggesting bears were overconfident — and now the bulls are waking up. With strong volume spikes near the liquidation zone, price action shows signs of building a base for a potential breakout.
Buy Zone
$3.05 to $3.20
This is a potential accumulation range where demand could increase. Watch for consolidation or a bullish engulfing pattern in this zone.
Targets
1. Target 1: $3.45 – Immediate resistance and recent liquidation level. Expect strong reactions here.
2. Target 2: $3.67 – Breakout zone if bullish momentum continues.
3. Target 3: $3.92 – Psychological resistance and previous high zone.
Stop Loss
$2.88
This level breaks structure support and invalidates the short-term bullish setup. It's a safe exit if momentum fails.
Strategy Note
With short liquidations kicking in, this might be a perfect setup for a liquidity hunt and bull trap or a genuine rally. Watch volume and candlestick behavior closely. If price reclaims $3.31 and holds, expect aggressive buying to follow.