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Sui (SUI) Price Prediction: Derivation Long-Short Ratio warns of short squeeze situation, potential target $5
As most alts are caught in consolidation, Sui (SUI) is moving out with an independent trend. After nearly a month of steady climbing, SUI is now approaching the key psychological level of $5, with technical indicators releasing strong breakout signals: after successfully targeting the liquidity of the $4.2 supply zone on the daily chart, it accelerated upward, and the Relative Strength Index (RSI) leaving the Oversold zone indicates reversing momentum. The derivatives market has raised alarms — the Long-Short Ratio has reached 51%, showing long positions dominate, and there is a liquidation cluster in the $4.4 price range; once triggered, a short squeeze could cause SUI to violently surge and refresh its all-time high.
Technical Analysis: Liquidity Sniping and RSI Reversal Build Upward Foundation
Key Level Breakthrough: SUI daily chart recently precisely liquidated the $4.2 supply zone (key resistance turned support), clearing obstacles for continued upward movement.
Momentum Indicator Shift: Although the original text mentions that the RSI is in the "Oversold" zone, combined with the price uptrend, it is actually a strong rebound signal after leaving the low levels, indicating that buying momentum is accumulating.
Clear Objective: The $5 round number has become a battleground for long positions and shorts, and a breakout will open up space for a new all-time high (ATH).
Derivatives Market Warning: Long-Short Ratio and Get Liquidated Heat Map Indicate Short Squeeze Risk On-chain data reveals potential fuel for violent pumps:
Long-Short Ratio 51%: Indicates that long positions dominate among derivatives traders, and market sentiment is optimistic.
Get Liquidated Intensive Zone Locked at $4.4: Coinglass liquidation heatmap shows that there are a large number of short stop-loss orders and forced liquidation positions clustered around $4.4. If the price strongly breaks into this area, it will trigger a chain of short covering (forced buying to close positions), forming a "short squeeze" and driving the price to surge rapidly.
Offensive and Defensive Roadmap: $4.5 is the breakout starting gun Pay attention to the key attack and defense lines of SUI's current price:
Conclusion: Sui (SUI) is becoming a rare strong asset in the sluggish altcoin market, thanks to solid technical breakthroughs and the "short squeeze landmines" embedded in the derivation market. The $4.4 Get Liquidated dense zone is like a powder keg; once the price touches it, it could trigger a short squeeze, driving SUI towards the $5 mark at an astonishing speed. Traders need to closely monitor the effectiveness of the breakthrough at $4.5-$4.6, which can serve as a signal to enter long positions. However, it is important to remember that there is no "certainty" in the cryptocurrency market—if Bitcoin suddenly pulls back or if the $4.6 resistance remains unbroken after prolonged attack, SUI may still fall into a consolidation phase. When laying out potential short squeeze scenarios, strict stop-losses must be set to cope with volatility risks.