$SUI Short Liquidation: $8.5073K at $3.6567 – What's Next?
With the SUI short liquidation at $3.6567, it signals potential price movement that traders should track closely. This could be an excellent opportunity to ride the next wave.
Buy Zone: Consider entering around $3.6500-$3.6700, especially if there’s a minor dip.
Target: A reasonable target range could be $3.7500-$3.8000, as the market adjusts.
Stop Loss: Place your stop loss at around $3.5000 to safeguard your position.
Key Insight: Monitor the market’s response closely after liquidation. Always ensure proper risk management!