Massive Liquidation Alert!
$SUI Long Position Liquidated: $86,000 wiped out at $3.666!
Bulls just took a heavy hit as the price couldn’t hold the line. This liquidation signals serious weakness in the upward momentum.
What’s Happening?
Support Broken: The key level at $3.666 crumbled under pressure.
Bearish Momentum Building: Liquidations trigger cascading sell-offs—expect volatility to spike.
Whale Activity? This size hints at either poor risk management or big players repositioning.
What’s Next?
Watch $3.50: If it fails, expect a freefall to $3.20-$3.00 support zones.
Bounce Potential? If bulls defend aggressively, we could see a quick recovery toward $3.80-$4.00—but the trend remains shaky.
RSI & Volume Check: Look for oversold signals before jumping in.
Your Move:
Scalpers: High-risk, high-reward setup—catch the dip or short the breakdown.
Swing Traders: Wait for confirmation; don’t catch a falling knife.
Risk Management: Tight stops are your best friend in this chaos.
Stay sharp. The market’s hunting both overconfident bulls and greedy bears. What’s your play?