$SOL Liquidation Alert: Major Long Position Liquidated
$294K wiped out at the crucial $222.68 level, sending shockwaves through the market.
This liquidation indicates strong selling pressure, with bulls losing their grip after testing key resistance levels.
Current Scenario:
• Support Breakdown?
If $222 doesn't hold, we could see a slide toward $200-$205.
• Bullish Rebound?
A recovery above $230 could signal renewed buying interest.
Next Move Suggestion:
1️⃣ For Short-Sellers: Watch for a confirmed break below $222 for potential downside opportunities.
2️⃣ For Buyers: Patience is key—wait for a retest of lower levels or a reclaim of $220.
Be cautious!
Volatility is high, and markets are showing signs of uncertainty.
Stay ahead. Stay prepared.
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