🔴 $SUI Long Liquidation Alert 🚨
💥 Liquidation: $23.833K
💵 Price: $0.63852
📉 Support:
• $0.6250
• $0.6100
• $0.5900
🚧 Resistance:
• $0.6500
• $0.6700
• $0.7000
🎯 Next Target: If $0.6250 breaks, $SUI could slide toward the $0.6100–$0.5900 support zone.
📊 Market Read:
A $23.833K long liquidation signals heavy selling pressure as leveraged bulls were forced to close. Holding $0.6250 could spark a relief bounce, while a confirmed breakdown may trigger another wave of forced selling.
📌 Trading Plan:
🔻 Below $0.6250 → bearish continuation
🔼 Above $0.6500 → recovery signal
⚡ Pro Tip: $23.8K liquidation = extreme volatility warning. Don't blindly buy the dip. Wait for a strong support reaction or a clean reclaim of $0.6500.
⚠️ Risk: 🔥🔥 Very High
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