⚠️$ SUI BEARS ARE TESTING THE MARKET! $59.3K LONG LIQUIDATION AT $0.822
Another batch of leveraged buyers has been flushed out! SUI just recorded a $59,300 long liquidation at $0.822, putting its nearby support structure under pressure.
📍 Liquidation Report
- Coin: SUI
- Position Wiped Out: Long
- Liquidation Volume: $59,300
- Liquidation Price: $0.822
🔍 SUI Price Zones to Monitor
- Immediate Support: $0.815–$0.805
- Major Support: $0.790–$0.780
- First Resistance: $0.835–$0.845
- Bullish Breakout Zone: $0.860
📊 Market Direction — My Analysis
My short-term bias is cautiously bearish while SUI struggles below $0.845.
Here's what I'm watching:
🔻 Bearish Scenario: A confirmed breakdown below $0.805 could expose $0.790 and potentially $0.780.
🟢 Bullish Scenario: If buyers defend $0.805 and reclaim $0.845 with strong volume, a recovery toward $0.860 becomes possible.
🎯 Execution Strategy
- Short Setup: Breakdown below $0.805 followed by a failed retest.
- Long Setup: Confirmed reclaim above $0.845.
- Invalidation: Reassess bearish exposure if SUI sustains above $0.860.
💡 My Verdict: Don't underestimate the liquidation pressure. SUI is approaching a sensitive area where buyers must prove their strength. The $0.805 level deserves close attention before the next major move.
#SUI
#SuiNetwork
#CryptoTrading
#AIChipSlumpNasdaq #TradFiForBeginners
Another batch of leveraged buyers has been flushed out! SUI just recorded a $59,300 long liquidation at $0.822, putting its nearby support structure under pressure.
📍 Liquidation Report
- Coin: SUI
- Position Wiped Out: Long
- Liquidation Volume: $59,300
- Liquidation Price: $0.822
🔍 SUI Price Zones to Monitor
- Immediate Support: $0.815–$0.805
- Major Support: $0.790–$0.780
- First Resistance: $0.835–$0.845
- Bullish Breakout Zone: $0.860
📊 Market Direction — My Analysis
My short-term bias is cautiously bearish while SUI struggles below $0.845.
Here's what I'm watching:
🔻 Bearish Scenario: A confirmed breakdown below $0.805 could expose $0.790 and potentially $0.780.
🟢 Bullish Scenario: If buyers defend $0.805 and reclaim $0.845 with strong volume, a recovery toward $0.860 becomes possible.
🎯 Execution Strategy
- Short Setup: Breakdown below $0.805 followed by a failed retest.
- Long Setup: Confirmed reclaim above $0.845.
- Invalidation: Reassess bearish exposure if SUI sustains above $0.860.
💡 My Verdict: Don't underestimate the liquidation pressure. SUI is approaching a sensitive area where buyers must prove their strength. The $0.805 level deserves close attention before the next major move.
#SUI
#SuiNetwork
#CryptoTrading
#AIChipSlumpNasdaq #TradFiForBeginners