🔴 $SUI Long Liquidation: $7.22K at $3.3164

Buyers trapped — momentum flips bearish.

📉 Trend: Bearish

A sharp long liquidation shows sellers regaining control.

The uptrend is losing steam near key resistance.

📊 Market Sentiment:

• Caution rising among bulls

• Fear of deeper correction

• Shorts gaining confidence

💡 Next Move:

Hold or Sell — avoid new buys unless $3.42 is reclaimed

Look for confirmation before re-entering

🎯 Downside Targets:

• Target 1: $3.20

• Target 2: $3.05

• Target 3: $2.88

🛑 Stop Loss (for shorts): $3.45

🔼 Resistance: $3.42

🔻 Support: $3.20

Summary:

$SUI just took a hit as bulls lost a critical level.

Sellers may drive this lower if support doesn’t hold.

Play defense — watch for oversold signals or breakdown follow-through.

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