🚨 $SOL Liquidation Alert: $98.9K Liquidated at $208.66 🚨

The market just got shaken! A massive $98,907 short liquidation has hit Solana ($SOL) at the $208.66 price level, indicating strong bullish pressure. Are the bulls taking control, or is this a trap? Let’s break it down and find the next move.

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What’s Next for $SOL?

1️⃣ Current Market Sentiment:

Liquidations at this level suggest buyers are overpowering short sellers. The momentum is currently bullish, but watch for signs of exhaustion.

2️⃣ Key Levels to Watch:

Buy Zone: $192–$200 (if there's a pullback, this is a strong re-entry zone).

Resistance (Target): $220 (short-term) and $240 (medium-term).

Stop Loss: Place at $188 (to protect against unexpected bearish moves).

3️⃣ Price Action:

If $SOL breaks above $210 with strong volume, it could trigger a rally to $220+.

However, a failure to sustain $208 could lead to a retest of $200.

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📈 Strategy:

Conservative Traders: Wait for a clean breakout above $210 before entering.

Aggressive Traders: Accumulate in the $192–$200 zone with targets at $220 and $240.

⚠️ Warning: Always trade with proper risk management. The crypto market is volatile, and unexpected reversals are common.

Let’s see where $SOL heads next. Are you ready to ride the wave? 🌊

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