🔴 #SUI — LONGS JUST GOT FLUSHED 💥
A $106K long position has been liquidated at $1.177.
That’s a clear reminder that even during a strong rebound, leveraged traders can get caught offside fast. SUI has recently climbed sharply, with market data showing elevated volatility around the $1.17–$1.20 region.
📍 LIQUIDATION LEVEL: $1.177
💰 LONGS WIPED: $106K
⚔️ BATTLE ZONE: $1.15–$1.20
🔎 NEXT MOVE — WHAT I'M WATCHING
🟢 Bull case:
If SUI protects $1.15 and buyers reclaim $1.20–$1.205, momentum could reopen the path toward $1.25, with $1.27–$1.28 becoming the next area to monitor.
🔴 Bear case:
A decisive break below $1.15 would weaken the current structure and could expose the $1.08 area next.
🎯 My trading read:
$1.15 is the key line in the sand. Above it, I’d watch for buyers to attempt another attack on $1.20+. Below it, I’d expect increased caution rather than chasing longs.
⚠️ Professional setup = confirmation first. A liquidation event alone doesn't tell us the next direction. Watch price reaction, volume and whether key levels are reclaimed or lost.
#NFPWatch #EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework
A $106K long position has been liquidated at $1.177.
That’s a clear reminder that even during a strong rebound, leveraged traders can get caught offside fast. SUI has recently climbed sharply, with market data showing elevated volatility around the $1.17–$1.20 region.
📍 LIQUIDATION LEVEL: $1.177
💰 LONGS WIPED: $106K
⚔️ BATTLE ZONE: $1.15–$1.20
🔎 NEXT MOVE — WHAT I'M WATCHING
🟢 Bull case:
If SUI protects $1.15 and buyers reclaim $1.20–$1.205, momentum could reopen the path toward $1.25, with $1.27–$1.28 becoming the next area to monitor.
🔴 Bear case:
A decisive break below $1.15 would weaken the current structure and could expose the $1.08 area next.
🎯 My trading read:
$1.15 is the key line in the sand. Above it, I’d watch for buyers to attempt another attack on $1.20+. Below it, I’d expect increased caution rather than chasing longs.
⚠️ Professional setup = confirmation first. A liquidation event alone doesn't tell us the next direction. Watch price reaction, volume and whether key levels are reclaimed or lost.
#NFPWatch #EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework