$SUI Long Liquidation: $19.502K at $0.95211
A notable long liquidation just hit SUI around the $0.95 level. When longs get wiped out like this, it usually means late buyers were overleveraged and price couldn’t hold short-term support. Liquidation zones often act as magnets — and after the flush, we either see continuation down or a relief bounce.
Right now, the key question is: was this a liquidity grab or the start of deeper downside?
🔍 Market View
The $0.95 area was acting as short-term support. Losing it opens the door toward lower liquidity pockets. If sellers stay aggressive, we could see continuation. However, if price reclaims $0.96–$0.97 with strong volume, that would suggest a fake breakdown.
📌 Trading Plan (Intraday / Short-Term)
Bearish Scenario (Preferred if price stays below $0.96):
Entry Zone: $0.94 – $0.96
Stop Loss: $0.99 (above recent breakdown structure)
Take Profit 1: $0.91
Take Profit 2: $0.88
Extended TP: $0.84 (if momentum accelerates)
Bullish Reclaim Setup (If strong recovery above $0.97):
Entry Zone: $0.97 – $0.99 after confirmation
Stop Loss: $0.93
Take Profit 1: $1.03
Take Profit 2: $1.08
⚠️ Risk Management
Liquidation spikes increase volatility. Avoid overleveraging. Wait for confirmation instead of chasing candles. Protect capital first — opportunities are always there.
This is not financial advice. Always manage your own risk and trade according to your strategy and position size.
Stay sharp. Watch volume. Let the market confirm before committing.
$SUI #VVVSurged55.1%in24Hours #PredictionMarketsCFTCBacking
