$SOL There was a short liquidation of $19.35K at the price of $193.5 for Solana. This indicates a squeeze where short sellers were forced to close their positions, possibly due to rising prices. Such liquidations often result in price volatility, and the market tends to react strongly after these events.

What’s Next.

Based on the current market conditions, here’s a complete breakdown of the possible Buy Zone, Targets, and Stop Losses for $SOL:

Buy Zone Entry Point.

Ideal Buy Zone: $185 – $190

This is a potential support area where price might stabilize or bounce back.

Targets.

1. Target 1: $200

Psychological level and potential first resistance.

2. Target 2: $210

If bullish momentum continues, this could be the next milestone.

3. Target 3: $225

If there’s a strong breakout above $210, expect extended rally potential.

Stop Loss.

Place a Stop Loss at $182 to protect against downside risks.

Why This Setup.

1. Liquidation Clue. The short liquidation indicates buyer strength. If bulls maintain momentum, prices could rise further.

2. Support Zones. Historical price charts suggest strong support around $185-$190.

3. Momentum Indicators. Keep an eye on RSI and volume if RSI crosses 60+ and volume spikes, it confirms buying pressure.

Additional Tips.

Risk Management. Use only 1-2% of your total portfolio for this trade.

Monitor News. Stay updated on Solana ecosystem developments, as they directly affect price movement.

Patience. Wait for the price to reach the buy zone before entering. Avoid chasing the market during volatility.

Let me know if you need any updates or further clarification on this..

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