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【$SUI Signal】Empty position + decline accompanied by abnormal open interest
$SUI price drops -2.72% with trading volume expanding to 370 million, but open interest remains high at 112 million USD. Market logic suggests that this should be considered in conjunction with open interest to determine whether it’s a long squeeze or main force distribution. The current market shows obvious selling pressure, with price action (PA) leaning weak. Until clear buy absorption or structural reversal signals appear, it is advisable to remain cautious.
🎯 Direction: Empty position
Trade 👇 $SUI
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