A significant short position on Solana ($SOL ) was liquidated at $193.43, totaling $79.9K.
This liquidation underscores the volatility in SOL's market, with recent fluctuations between $186 and $194.
Traders should exercise caution, as such liquidations can trigger rapid price movements.
Monitoring support and resistance levels is crucial for anticipating potential market shifts.
Staying informed and employing risk management strategies are essential in this dynamic environment.
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