$SOL just saw a $55.8K long liquidation at $189.21, indicating potential short-term weakness but also presenting a possible entry opportunity if support holds.
Buy:
If $SOL holds above $185.00, there could be potential for a rebound toward $200.00, making it a good entry point for short-term gains.
Sell:
If $SOL breaks below $185.00, it may indicate further downside risk, and selling could be a prudent choice to protect against deeper losses.
Hold:
For those already holding $SOL, consider maintaining positions if the price stabilizes above $185.00. Watch for price action around key levels to decide if a further rally is likely.
The outlook depends on how SOL reacts to the support at $185.00