$SOL Short Liquidation Alert
A significant short position worth $201K has just been liquidated at $236.01.
This indicates strong buying pressure, forcing shorts to exit.
Analysis
• Trend: $SOL is maintaining its bullish momentum, breaking through key resistance levels. Liquidations like these often fuel further price surges.
• Volume: High liquidation suggests increased activity. If this continues, SOL might target higher levels soon.
• Resistance & Support: Immediate resistance sits near $245, while support lies at $230.
Suggested Move
• Buy Zone: Consider entering around $232–$235 if it pulls back slightly.
Target: Aim for $250 in the short term.
Stop-Loss: Place at $225 to limit risk.
SOL's momentum looks promising, but remember to manage your risk carefully!
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