$SOL market! A huge short was just wiped out, signaling intense action. Here’s what you need to know:
What’s Next for $SOL?
With liquidations at this level, $SOL shows signs of bullish momentum. Big players are positioning themselves, and retail traders should watch for key zones.
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Buy Zone:
✅ $210 - $215
This range provides a solid support level for entry. If the price revisits this zone, it could offer a good buying opportunity.
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Target Levels:
🎯 Target 1: $230
🎯 Target 2: $245
🎯 Target 3: $260
These targets align with major resistance zones. A break above $245 could send $SOL into price discovery mode.
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Stop Loss:
⛔ $205
Place your stop below recent support to minimize risk. If breaks below $205, it could signal further downside.
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Pro Tips:
1. Monitor Volume: High buying volume near $215-$220 will confirm strength.
2. Watch BTC & ETH: If the broader market remains bullish, could ride the wave higher.
3. Be Patient: Breakouts often retest. Don’t rush in; wait for confirmation at key zones.
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💡 Risk Management: Only risk 1-2% of your trading capital. Always use stop-loss orders to protect yourself from market volatility.
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