🚀 The price of $SOL rose and then lost momentum near critical resistance, which led to a series of sell-offs. Whales and market makers may have pushed the price to these levels to hunt leveraged positions.
Why is this important?
⚠️ This liquidation highlights the risks of trading with high leverage, especially in volatile markets like Solana. Although SOL has been trending upwards, these sharp corrections highlight the importance of risk management.
