$SUSHI Short Liquidation Sparks a Potential Reversal Setup 🔥
🟢 #SUSHI Short Liquidation: $5.9115K at $0.1826
A fresh wave of short liquidations around $0.1826 shows that leveraged sellers are getting squeezed, and that can create an interesting momentum shift if buyers continue defending this area. The key now is whether SUSHI can hold above the liquidation zone and build higher lows.
Support: $0.1800–$0.1826
Resistance: $0.1870–$0.1900
Next Target 🎯: $0.1950, followed by $0.2000
If buying volume expands above $0.1870, the move could accelerate toward the next resistance zone. A rejection, however, could send price back toward the $0.1800 support area.
💡 Pro Tip: Don’t chase the first breakout. Wait for a clean move above resistance and confirmation with volume. Liquidation data can signal momentum, but it does not guarantee continuation.
⚠️ Manage risk carefully and keep leverage under control.
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