$SOL Warning: $89.3K Long Liquidation at $224.47 Signals Bearish Pressure!

A significant $89.3K long position was liquidated at $224.47, indicating that buyers may be losing momentum.

This could lead to further downside if the market fails to recover quickly.

Next Steps for Traders:

1. For Sellers:

Watch for a breakdown below $220. If $SOL drops below this level, expect a move toward $210 or even $200.

Ideal entry zone: $225–$228, with a stop-loss above $230 to manage risk.

2. For Buyers:

If $SOL finds support near $220, a bounce back toward $230 is possible.

Caution: Only enter long positions if there’s a clear reversal near $220 with tight risk management.

Key Levels to Monitor:

Support: $220, $210

Resistance: $230, $235

SOL is under pressure—be ready to react quickly as volatility spikes!

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