🔥 $SOL Short Liquidation Alert! 🔥
A massive $19.008K short liquidation just occurred at $184.5464! The bears are on the back foot, and the bulls might be gearing up for their next move. Let’s break down the strategy for you.
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📊 Key Zones to Watch
Buy Zone: $180 - $185
Look for SOL to stabilize within this range. If it holds, it could signal a continuation of bullish momentum.
Target Levels:
Target 1: $190 (Short-term resistance)
Target 2: $200 (Major psychological level and breakout zone)
Stop Loss: $175
Place your stop loss below this level to limit risks in case the price retraces unexpectedly.
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🚀 What’s Happening Now?
This short liquidation could trigger a short squeeze, where shorts rush to cover their positions, fueling a rapid price rally. If buyers step in aggressively above $185, we could see SOL move quickly toward $190 or beyond.
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🔮 Market Outlook
A sustained push above $185 with high volume could open the path to $190 and $200.
However, if SOL drops below $180, it might retest support near $175, so remain cautious.
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💡 Pro Tip: Be patient. Wait for confirmation in the buy zone before entering, and always trade with a plan. Watch for strong volume to validate breakouts!
This is not financial advice. Always do your own research before trading.
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