A dramatic SOL long liquidation hit the market, with $15.361K wiped out at the $178.62 level.
What seems to be a strong bullish move for $SOL turned into a sudden downturn, catching long traders off guard and triggering a massive sell-off.
Entry Point: $178.62
Target: $200+ (bullish breakout anticipated)
Stop Loss: $170 (key support level)
As $SOL surged towards higher targets, the liquidation shifted the market’s momentum sharply.
With volatility spiking, traders are left questioning whether $SOL can regain its upward momentum or if the bears will continue to dominate.
The next moves will be critical for $SOL’s fate.