$SUI triggered a heavy long liquidation near 1.4358 after rejection from higher levels, clearing excess bullish leverage. Despite the size, downside follow-through moderated quickly, indicating a corrective reset rather than structural failure. If price stabilizes above demand and begins consolidating, a rebound toward higher resistance remains viable. Structure confirmation is essential before increasing exposure.
EP: 1.38 – 1.44
TP: 1.55 / 1.70 / 1.95
SL: 1.32
Reset-and-recovery setup with controlled risk and clear invalidation.
SUIUSDT
Prep
1.4333
-1.86%