$SUI Short Liquidation Update: $10.11K Liquidated at $2.21677
Buy Zone: $2.18 – $2.23
Targets: $2.29 and $2.36
Stop Loss: $2.15
Analysis:
A major $10.11K short liquidation has just pushed $SUI to $2.21677, signaling that aggressive short sellers are being wiped out. This type of squeeze often sets up a sharp price continuation, especially if broader market sentiment remains bullish. The $2.18–$2.23 buy zone is critical—if buyers hold this region, can rapidly target $2.29, with potential for $2.36 in the short term. Volume and momentum are key—watch for sustained buying above $2.23 for confirmation.
Closing:
Short liquidations fuel powerful rallies—trade smart, manage risk, and follow for top-tier market signals.
