Crypto Market Update: $SUI Shakeout!
SUI just had a huge $197K long liquidation at $3.742 โ a clear sign that leveraged traders are getting wiped out as the market tests key levels.
Volatility is surging, and the next move could be a game-changer!
๐ Possible Next Big Move:
After this washout, $SUI could either bounce strongly if bulls defend the $3.70 zone or slide further if sellers take control.
The next few candles will decide!
๐ฏ Price Targets (TG):
TG1: $3.88 (quick recovery zone)
TG2: $4.05 (resistance test)
TG3: $4.25 (bullish continuation level)
โก Pro Tip for Traders:
Liquidations create opportunities! Watch for signs of a bounce after heavy long squeezes.
Enter with tight stop-losses and ride momentum โ but never overleverage