$SOL Liquidation Alert: $50.2K long position liquidated at $213.53!
Market Breakdown for $SOL
Liquidation Details: A $50.2K long was wiped out at $213.53, reflecting intense sell pressure and potential for high-impact volatility on $SOL .
Current Price Action: Liquidation-driven dip opens the door for calculated trades in this pivotal zone.
Trading Plan for $SOL
Entry Point: Look for an entry near $212.00, a key short-term support zone post-liquidation.
Target Levels:
First Target: $220.00 (minor resistance and immediate rebound potential).
Second Target: $228.00 (key psychological and technical level).
Stop Loss:
Place a stop at $208.00 to control downside risk if the sell-off extends.