$SOL BREAKING LIQUIDATION ALERT

$SOL (SOL) just obliterated a massive $105K in short positions at an impressive $258.41!

What Happened?

Bears bet big against Solana, expecting a reversal, but instead, they faced a brutal short squeeze.

The price rallied past critical resistance, triggering cascading liquidations that fueled the momentum further.

Why It’s Significant:

1️⃣ Record Highs: $SOL ’s recent surge cements its position as a top performer, with prices reaching multi-year highs.

2️⃣ Short Squeeze Pressure: The $105K liquidation is a testament to bullish dominance, flushing out over-leveraged bears.

3️⃣ Market Sentiment: Solana’s robust network activity and ecosystem growth continue to drive positive sentiment, putting bears on the defensive.

What’s Next?

With short sellers wiped out at $258.41, traders are eyeing $260+ as the next major resistance level.

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