$SOL Short Liquidation: $5,741.7 Obliterated at $191.39!
The heat is on as $SOL leaves short-sellers in the dust. At the $191.39 level, $5,741.7 worth of short positions were liquidated in a swift and unforgiving move that shook the market.
š What Went Down:
Bears underestimated $SOL's momentum, betting on a reversal near $191. But the bulls had other plans, driving prices higher and triggering a wave of liquidations that poured fuel on the rally.
š Market Snapshot:
Current Price: Surging near $191.50, with bulls firmly in control.
Trading Volume: Climbing, as excitement builds around $SOLās breakout potential.
Key Resistance: The $195 level looms large as the next target.
š” Lesson for Traders:
In a market as dynamic as $SOL, hesitation can be costly. With momentum on the rise, the bulls could push for a decisive move past $195, turning the heat up on skeptics.
Are you ready for $SOL's next power move? Keep your eyes on the chartsāvolatility is the name of the game!