$SOL Short Liquidation Alert! 🚀
A massive $159K short position was liquidated at $221.58, showing powerful buying momentum as sellers were forced to close positions.
What’s Happening?
Short Liquidation: Bearish positions got squeezed, adding fuel to the upward price movement.
Bullish Strength: Buyers are in control, pushing SOL higher with strong momentum.
Key Levels to Watch
Resistance: $225 – A breakout above this could open the path to new highs.
Support: $218 – Bulls need to hold this level to maintain strength.
What’s Next?
For Long-Term Holders: Watch for a clean move above $225 to confirm further bullish momentum.
For Traders:
Look for a breakout above $225 for long entries.
Use stop-losses near $218 to limit risk.
Market Context
The short squeeze could trigger more upward pressure if momentum continues. Watch for volume spikes and bullish signals.
SOL is on fire—breaking $225 could lead to even stronger gains!