$SOL L Long Liquidation: $2.581K at $215.08
A massive $2.581K long liquidation just occurred at $215.08 for $SOL, rattling the market.
This major liquidation signals potential weakness in the current trend, leaving traders scrambling for their next move.
Next Move?
Look for Support: If $SOL holds above the $210 mark, it could be a sign of potential recovery. Watch for confirmation before entering.
Potential Short Opportunity: With the liquidation pressure mounting, consider shorting if resistance forms around $220–$225.
Risk Management: Keep tight stop losses in place—volatility is high, and the market could flip quickly.
Stay sharp and strategize your next move!
