$SOL Liquidation Alert: Major Move Incoming!

Liquidated Long: $86.8K at $196.86

Market Overview:

Significant Liquidation: A high-value long position has been liquidated, signaling strong bearish momentum in $SOL .

Current Sentiment: The price hovers at a pivotal level, with traders closely monitoring for the next decisive move.

Hints for Next Moves:

1. Resistance Zone: Sellers may heavily defend $200, making it a key level for potential rejection.

2. Support Level: Buyers might attempt to stabilize around $190, a critical zone for potential recovery.

3. Breakout Potential: A fall below $190 could accelerate selling pressure, triggering more liquidations.

Quick Strategy:

Bulls: Wait for sustained movement above $198 before considering fresh long entries.

Bears: Target a breakdown below $190, but manage risk with tight stops above resistance.

High volatility ahead—trade cautiously and seize the opportunities!

$SOL

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