$SOL Liquidation Alert!
A massive $29.7K long position on Solana (SOL) has just been liquidated at $220.50 on Bybit, leaving bulls stunned and fueling a bearish wave across the market!
Market Drama Unfolds
This liquidation highlights the brutal volatility in crypto markets, where even the strongest projects like Solana aren’t immune to sharp corrections.
Long traders betting on further upside were caught off guard as $SOL dipped sharply, triggering liquidations and sparking panic among leveraged positions.
Key Levels to Watch:
Current Price Range: Traders are now eyeing support near $210 to stabilize, while resistance remains stiff at $220-$225.
Market Sentiment: Bearish momentum could deepen if SOL breaks below $210, opening doors for further corrections.
What’s Next for $SOL ?
With Solana's long-term growth story intact, will this be a temporary setback or the start of a larger correction?
Bulls might see this as a dip-buying opportunity, while bears could push for more pain.
Your Play: Are you staying on the sidelines or taking advantage of the chaos?
Share your next move below!
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