Massive $SOL Liquidation!
$546K Short Wiped Out at $245.08
A staggering $546,000 short position on Solana (#SOL ) got liquidated as the price hit $245.08.
This marks a major win for bulls, signaling strong buying momentum in the market.
Such large liquidations often trigger additional rallies as shorts rush to cover their positions, adding to upward pressure.
1. Uptrend Continuation:
With bears cleared out, SOL could target $250+ if buying holds strong.
2. Key Levels:
Support around $240 and resistance near $250 will be critical.
3. Volatility Spike:
Big liquidations can lead to rapid moves—stay alert!
Suggested Moves:
Hodlers:
Stay patient—SOL could break higher.
Traders:
Look for breakouts or pullbacks around $240-$250 for short-term opportunities.
DYOR:
Always manage risks as volatility remains high.
Solana’s momentum is heating up—will it break new highs? Watch closely!
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