$SOL Here's an organic and unique post with detailed analysis for SOL:
Short Liquidation Alert
Liquidation Amount: $19.968K
Liquidation Price: $190.17
What’s Next for SOL.
The recent short liquidation indicates strong bullish momentum. Traders need to watch key levels and act cautiously. Here’s a breakdown:
Buy Zone.
Range: $182 - $188
This is where SOL might pull back slightly, offering a good entry point for buyers. Ensure volume and momentum align before entering.
Targets.
Target 1: $195 (Immediate Resistance Level)
Target 2: $205 (Next Psychological Level)
Target 3: $220 (Extended Bullish Rally)
Stop-Loss.
Below: $178
Set your stop-loss to minimize risks in case of unexpected market downturns.
Strategy Suggestion.
1. Wait for a pullback into the buy zone.
2. Confirm bullish signals like strong volume or candlestick patterns.
3. Manage your position with tight stop-loss and gradually book profits as targets are achieved.
Pro Tip: Keep an eye on BTC and overall market sentiment, as they heavily influence SOL’s price movements.
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