$SUI Long Liquidation: $5.4107K at $1.64145
Explanation:
Longs were liquidated around $1.64145, meaning buyers entered late and failed to protect their positions. This shows weak bullish control, giving short-side liquidity more room to dominate in the short term.
Next Move:
SUI may seek deeper liquidity below its recent support before any recovery attempt. Expect a possible short-term dip or consolidation.
Targets:
TG1: $1.62
TG2: $1.58
TG3: $1.53
Pro Tip:
Wait for a strong bounce signal or demand confirmation. Buying into falling liquidity is a trap let the market show support first.
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