$SUI
SUIUSDT [Bybit] Alert!
A massive short position worth $118.88K was liquidated at $4.84, as Sui (SUI) continues its impressive upward movement. The bulls are in control, and shorts are getting squeezed!
Market Overview
Trend: Strong bullish momentum, breaking past key resistance levels.
Next Resistance: $5.00 could be the next challenge for buyers.
Suggested Strategy
Buy Target: Look for an entry near $4.75 if there’s a minor pullback.
Sell Target: Aim for $5.05 for potential profit-taking as price approaches resistance.
Pro Tip
Watch for signs of exhaustion near $5.00. If the volume starts to decrease, it might be a sign to lock in profits. Use a stop-loss at $4.60 to protect against sudden reversals. Trade with caution and precision!
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