$SOL Long Liquidation Hits $98.4K at $226.32

A $98.4K long position on Solana ($SOL ) was wiped out at $226.32, signaling increased pressure on the bulls.

This liquidation highlights weakness in buyer momentum and could open the door for more downside action.

Market Dynamics:

The sharp liquidation suggests that buyers failed to defend a key level, giving sellers an advantage.

Volatility may increase as traders react to this breakdown.

What’s Next for $SOL ?

• Downside Risk: If SOL loses the $225 mark, it may slide toward the $220-$222 region.

• Upside Recovery: A quick bounce above $230 could reignite bullish interest and attract fresh buyers.

Trading Perspective:

Short-term traders might look for scalping opportunities during intraday volatility.

Swing traders should wait for a clear trend to form before entering,

keeping an eye on how SOL reacts around major levels.

Stay focused—this is a critical juncture for SOL,

and the next move could define its trend!

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