đš SUI ALERT: LONG POSITIONS TAKE A HIT!
đŽ SUI Long Liquidation: $61.2K at $1.093
SUI traders just faced another painful shakeout, with $61,200 in long positions liquidated around $1.093. This signals that leveraged buyers were caught on the wrong side of the move, putting short-term momentum under pressure.
đ Levels to Watch
Immediate Pivot: $1.093
Potential Support: $1.080â$1.070
Upside Recovery Zone: $1.105â$1.120
Bearish Warning: Continued weakness below the support area could invite further downside.
đŻ Next Move â Signal Provider View
My short-term bias is cautious to bearish until SUI demonstrates a convincing recovery. If buyers reclaim $1.105 and hold above it, a relief bounce toward $1.120 becomes possible. However, failure to stabilize around $1.080 could leave the door open for another leg lower.
⥠Trading Strategy: Avoid chasing a move immediately after liquidations. Watch price reaction, volume, and confirmation around key levels before considering an entry.
â ïž Risk management comes first. The levels above are illustrative watch zones, not verified live support or resistance. Always confirm them against the current chart and use a defined stop-loss.
#SUI #CryptoTrading #Liquidations
#EtherETFsExtendOutflowsToNineDays #EthereumSurpasses2500USDT #XRPLedgerPatchesXRPCreationBug #CFTCMovesToFoldEventContractsIntoSwapsRules
đŽ SUI Long Liquidation: $61.2K at $1.093
SUI traders just faced another painful shakeout, with $61,200 in long positions liquidated around $1.093. This signals that leveraged buyers were caught on the wrong side of the move, putting short-term momentum under pressure.
đ Levels to Watch
Immediate Pivot: $1.093
Potential Support: $1.080â$1.070
Upside Recovery Zone: $1.105â$1.120
Bearish Warning: Continued weakness below the support area could invite further downside.
đŻ Next Move â Signal Provider View
My short-term bias is cautious to bearish until SUI demonstrates a convincing recovery. If buyers reclaim $1.105 and hold above it, a relief bounce toward $1.120 becomes possible. However, failure to stabilize around $1.080 could leave the door open for another leg lower.
⥠Trading Strategy: Avoid chasing a move immediately after liquidations. Watch price reaction, volume, and confirmation around key levels before considering an entry.
â ïž Risk management comes first. The levels above are illustrative watch zones, not verified live support or resistance. Always confirm them against the current chart and use a defined stop-loss.
#SUI #CryptoTrading #Liquidations
#EtherETFsExtendOutflowsToNineDays #EthereumSurpasses2500USDT #XRPLedgerPatchesXRPCreationBug #CFTCMovesToFoldEventContractsIntoSwapsRules