Sui Price Outlook Faces Short Squeeze Risk Near $1

Sui price structure shows oversold conditions near key support while dense short liquidity between $1 and $1.05 could trigger a squeeze if momentum returns.

• Sui price trades near $0.88 after leveraged longs below $0.90 were liquidated during recent volatility.

• Dense short liquidity between $1.00 and $1.05 forms a $79M leverage cluster that may attract price movement.

• Derivatives data shows rising futures volume while open interest declines, indicating a leverage reset phase.

Sui price outlook shows a fragile market structure after a wave of long liquidations cleared leverage below key support. Traders now watch overhead liquidity clusters as derivatives data and price action signal a possible short squeeze scenario.

Liquidation Map Shows Heavy Long Flush Below Key Level

Liquidation data from Coinglass shows leveraged longs below the $0.90 region were removed during recent volatility. The move forced traders to exit positions as price briefly moved downward. This clearing event reduced crowded long exposure across derivatives markets.

A liquidation heatmap shared on X by Eye Zen Hour described the structure clearly. The post noted that most heavy longs below $0.90 were liquidated earlier in the move. The tweet also pointed to a large cluster of short liquidity above the market.

The analyst wrote that dense short positions sit between $1.00-$1.05. That zone contains nearly $79 million in leveraged exposure. Liquidation maps often show where forced orders may appear during volatility.

Such clusters can attract price movement during active trading periods. When leveraged positions close, they add momentum in the direction of the move. Markets frequently move toward areas where liquidity remains concentrated.

Intraday Chart Shows Failed Recovery and Renewed Selling

Short-term price data from CoinMarketCap shows as of writing market structure. The chart records Sui trading around $0.88 during the observed period. The asset posted a modest daily decline near 2%.

Early trading displayed consolidation around the $0.895-$0.90 region. Buyers and sellers maintained a narrow range during this phase. Market participants waited for direction before increasing exposure.

A recovery attempt later pushed the asset toward $0.905 and briefly above $0.90. The move tested a psychological resistance level watched by traders. However, the rally faded as selling pressure reappeared quickly.

Price then moved lower with weaker rebounds forming across the chart. Lower highs emerged as the session progressed. The structure confirmed that sellers defended the $0.90 resistance zone.

Derivatives Data Signals Leverage Reset and Mixed Positioning

Derivatives metrics provide additional context for the Sui price outlook. Futures volume climbed more than 29% during the recent trading window. Activity rose to nearly $580 million across exchanges.

At the same time, open interest slipped slightly to around $428 million. Rising volume with falling open interest often signals closing positions. The leverage being decreased by the earlier volatility by traders seems to be happening.

The world long short ratio stands at about 0.92 with a slight overall higher exposure towards the short. However, exchange data shows stronger long positioning among advanced traders. On Binance, the long-short ratio for accounts remains above 1.8.

Liquidation statistics show about $816,000 in positions removed during the last day. Long liquidations reached roughly $682,000, while shorts accounted for a smaller share. This distribution suggests the latest drop forced bullish traders to exit positions.

The leverage reset has reduced crowded long exposure near current levels. If stability develops near support, markets may shift toward remaining liquidity zones. Traders now monitor the $1.00 region where short positions remain concentrated.