🚨 $SUI Long Liquidation Alert 🚨
$SUI A significant long liquidation just occurred in the SUI market, with $8.3958K liquidated at $3.28282. This suggests that long traders were forced to exit their positions as the price dropped.
📊 Market Insights:
🔹 Liquidation Type: Long
🔹 Liquidation Amount: $8.3958K
🔹 Liquidation Price: $3.28282
🔹 Possible Cause: High volatility, market correction, or leverage unwinding
🔎 What This Means for Traders:
✅ If you're long, watch support levels and consider risk management strategies.
❌ If you're short, be cautious of potential short squeezes.
📈 If buying the dip, analyze volume and sentiment before entering.
📉$SUI Price Outlook:
🔸 Key Support: $3.25 - $3.30
🔸 Key Resistance: $3.40 - $3.50
Stay updated and trade wisely! 🚀