Massive Liquidation Alert: $SOL Longs Hit for $19.88K at $185.79!
In a stunning turn, $19,880 worth of SOL long positions were liquidated as the price nosedived to $185.79, leaving bullish traders reeling.
What Triggered This?
1. Bearish Wave: Intense selling pressure forced SOL below its crucial support level.
2. Liquidation Cascade: Over-leveraged positions crumbled, fueling the downward momentum.
Key Levels for SOL
Support Zone: Watch for $180.00, a vital level that could stabilize the price.
Resistance Zone: Bulls must push back to $190.00 to regain control.
What’s Next for SOL?
This sharp liquidation raises questions: Is this the bottom, or will the bears continue their assault? The stage is set for high volatility—stay sharp and trade smart!