$SUSHI Longs Liquidated!
A $2.75K long position on $SUSHI was liquidated at $1.5205, marking a bearish turn in the market. The bulls were unable to hold ground, and selling pressure overwhelmed key levels, triggering liquidations.
Key Observations:
Bearish Pressure: The liquidation signals growing sell-side dominance, raising concerns for further downside.
Support Levels in Focus: The price may test deeper support zones if buyers fail to intervene.
SUSHI Technical Breakdown:
Resistance Level: $1.55
Support Zone: $1.50
Momentum: Bearish, with increased risk of further declines
Will $SUSHI stabilize above support, or is another leg down looming? Monitor price action and volume to gauge the market's next move!