🟢 SUI SHORT SQUEEZE ALERT — $50.4K Liquidation at $0.979
A $SUI significant short position worth $50,400 has just been wiped out on Sui (SUI) at the $0.979 level.
This type of forced liquidation often signals aggressive upside pressure and a potential momentum shift in the short term.
🔎 What This Means for the Market
When short sellers are liquidated:
Their positions are force-closed (buy orders triggered)
This adds instant buying pressure
Price typically accelerates toward nearby liquidity zones
The $0.979 sweep suggests bears attempted to cap price below $1.00 — and failed.
📊 Technical Outlook
Immediate Resistance: $1.02 – $1.05
Breakout Trigger: Clean close above $1.05
Support Zone: $0.94 – $0.96
Invalidation Level: Below $0.92
As long as SUI holds above the $0.95 structure, bulls maintain short-term control.
🚀 Next Potential Move
If buyers sustain momentum:
Expect a push toward $1.08 – $1.12 liquidity pocket
Break above $1.12 could ignite continuation toward mid-range expansion
However:
Failure to hold $0.95 may lead to a retest of deeper demand near $0.90
🎯 Professional Bias
Current setup favors controlled upside continuation, but confirmation requires strength above $1.05 with volume expansion.
Traders should monitor:
Funding rates shift
Open interest behavior
1H/4H candle closes
⚠️ Stay disciplined. Let confirmation lead — not emotion.
If you want, I can also prepare a high-impact version formatted for Telegram or X with sharper engagement hooks.
