$SUI — Short Liquidation Breakdown
SUI just triggered a notable short liquidation of $86.5K at $1.512, a clear signal that bearish positioning was overcrowded at lower levels. When shorts get forced out like this, it usually means price rejected downside and buyers stepped in aggressively.
Market Insight:
The liquidation shows sellers lost control near $1.50. This often creates short-term momentum as remaining shorts hesitate and spot buyers gain confidence. Volume behavior suggests this was not random but reactionary buying.
Next Move Outlook:
If SUI holds above $1.50, price can grind higher on reduced sell pressure.
Targets:
TG1: $1.56
TG2: $1.62
TG3: $1.70
Pro Tip:
After a short squeeze, avoid chasing green candles. Best entries usually come on shallow pullbacks above the liquidation level.
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