🚨 Solana ($SOL ) Short Liquidation Alert! Big Money in Play! 🔥

A short liquidation of $6,124.7 just happened at $197.57, showing intense market action. The pressure on shorts is building, and Solana could be preparing for a major breakout or reversal. Let’s break it down to plan your next move.

🔍 What’s Happening?

This liquidation suggests short sellers are getting squeezed as buyers push prices higher. With Solana hovering near $200, we’re in a critical zone where bulls might take over, or bears could push for a deeper correction.

📈 Buy Zone:

Consider entering around $196.50 - $198.00, a key support area where buyers have been active.

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🎯 Targets:

1. Target 1: $202 (Immediate Resistance)

2. Target 2: $208 (Next Major Level)

3. Target 3 (Aggressive): $215 (High Reward Zone)

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🛑 Stop Loss:

Place your stop loss below $194.00. This protects your trade in case of further downside.

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⚡ Strategy:

If $SOL breaks above $200 with strong volume, it could trigger a bullish rally.

Watch for rejection near $202; if it fails, price may retest the $196 zone.

Use a trailing stop-loss to lock in profits if momentum carries Solana higher.

⚠️ Trade Wisely: Crypto is highly volatile. Manage your risk, avoid over-leveraging, and only invest what you can afford to lose. Always DYOR (Do Your Own Research).

Is $SOL about to break $200 and fly higher? Or will the bears fight back? Stay sharp and trade smart! 🚀

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