$SOL
Long Position Liquidated: $2.185K at $198.64
Market volatility forced the liquidation of $2.185K in long positions for SOL, with the price hitting $198.64. This highlights a bearish phase as bulls failed to defend key levels.
📉 Market Highlights:
Resistance Zone: $200 – A critical level to watch for recovery attempts.
Stop Loss (Short): $199 – For managing potential retracements.
Downside Target: $195 – Could attract further selling pressure if breached.
SOL needs to reclaim momentum to shift market sentiment, but for now, bears appear to be in control. Stay tuned for potential opportunities.