$SOL Short Liquidation Alert
đ° Liquidation Value: $82,831
đ° Liquidation Price: $198.1594
Whatâs Happening?
Short liquidations mean sellers are forced to exit their positions as the price rises. This creates upward pressure, potentially leading to a strong rally.
Trade Details
âĄïž Buy Zone: $197.50 - $199.50 (ideal entry zone near liquidation level)
âĄïž Ask for Now: $198.1594
âĄïž Target (Take Profit):
First Target: $205.00 (short-term resistance)
Second Target: $215.00 (key breakout level and psychological zone)
âĄïž Stop Loss: Below $195.00 (to limit risk in case of reversal)
Whatâs Next?
Upward Momentum: Liquidation at this level shows strong buying pressure. If the price holds above $197, a breakout toward $205 and $215 is likely.
Volume Confirmation: Watch for increased volume near $199 to confirm a continuation of the bullish trend.
Critical Support: If the price drops below $195, this momentum could fade, and sellers might return.
Pro Tips for Success
đ Monitor Resistance Levels: Watch the $205 zone closely.
If it breaks with volume, the price could surge toward $215.
đĄïž Secure Profits: Move your stop-loss higher once the price reaches $205 to protect gains.
⥠Stay Focused: Stick to your targets and donât let emotions dictate your moves.
đ Trade confidently, capitalize on $SOLâs momentum, and ride the bullish wave!
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