🔴 $SUI LONG LIQUIDATION ALERT! 🔴
Liquidation: $2.0024K Long Wiped at $0.8811 on Binance 💥
What Happened?
Bulls just took another hit! A leveraged long position was forcefully closed as SUI dipped to $0.8811. This forced selling adds downward pressure, signaling that bears are actively pushing the price into lower support zones. 🩸
Why It Matters:
• Bearish Warning: Longs are getting flushed out as SUI tests a critical psychological and technical level. If $0.88 fails to hold, it could trigger a cascade of deeper long stops.
• **Momentum Shift:** SUI is walking a tightrope. Bulls MUST defend this $0.88 zone to prevent a slide back toward the $0.80s.
• **Key Level to Watch:** **$0.8811** is the current pain threshold. Reclaiming it quickly = relief bounce. Losing it = deeper flush.
Trade Setup (Wait for the Bounce):
Note: Do not catch a falling knife. Wait for stabilization/confirmation.
✅ Entry (Long): $0.875 – $0.885 (on bounce confirmation)
🎯 TP1: $0.910
🎯 TP2: $0.940
🎯 TP3: $0.970
🛑 SL: $0.855
⚖️ R:R ~ 1:2.5
Outlook:
⚡ Short-term: Bearish momentum is in control. Watch for a volume spike to signal capitulation and a potential local bottom.
🔭 Long-term: SUI remains a strong Layer-1 play. However, losing the $0.85-$0.88 macro support weakens the structure. Bulls need to reclaim $0.95+ to take back control.
Sentiment: Liquidations near key support levels often mark local bottoms—but only after the selling pressure dries up. Stay patient. 👀
⚠️ Not financial advice. High volatility zone. DYOR and manage risk!
Watching $SUI flush? Drop a 🔴 below!
$SUI
#BinanceRestores28FiatWithdrawals
Liquidation: $2.0024K Long Wiped at $0.8811 on Binance 💥
What Happened?
Bulls just took another hit! A leveraged long position was forcefully closed as SUI dipped to $0.8811. This forced selling adds downward pressure, signaling that bears are actively pushing the price into lower support zones. 🩸
Why It Matters:
• Bearish Warning: Longs are getting flushed out as SUI tests a critical psychological and technical level. If $0.88 fails to hold, it could trigger a cascade of deeper long stops.
• **Momentum Shift:** SUI is walking a tightrope. Bulls MUST defend this $0.88 zone to prevent a slide back toward the $0.80s.
• **Key Level to Watch:** **$0.8811** is the current pain threshold. Reclaiming it quickly = relief bounce. Losing it = deeper flush.
Trade Setup (Wait for the Bounce):
Note: Do not catch a falling knife. Wait for stabilization/confirmation.
✅ Entry (Long): $0.875 – $0.885 (on bounce confirmation)
🎯 TP1: $0.910
🎯 TP2: $0.940
🎯 TP3: $0.970
🛑 SL: $0.855
⚖️ R:R ~ 1:2.5
Outlook:
⚡ Short-term: Bearish momentum is in control. Watch for a volume spike to signal capitulation and a potential local bottom.
🔭 Long-term: SUI remains a strong Layer-1 play. However, losing the $0.85-$0.88 macro support weakens the structure. Bulls need to reclaim $0.95+ to take back control.
Sentiment: Liquidations near key support levels often mark local bottoms—but only after the selling pressure dries up. Stay patient. 👀
⚠️ Not financial advice. High volatility zone. DYOR and manage risk!
Watching $SUI flush? Drop a 🔴 below!
$SUI
#BinanceRestores28FiatWithdrawals