$SOL Long Liquidation Alert!
A significant $99,800 long position in Solana (SOL) was liquidated at $183.54, highlighting notable market volatility.
Current Price: $183.80 (slightly above liquidation level).
Intraday Range: High at $187.32, Low at $178.78.
Recent Developments:
Market Performance: $SOL has experienced a 0.27% decline today, trading around $182.80.
Trading Volume: The 24-hour trading volume stands at approximately $4.62 billion, indicating active market participation.
Next Move:
Support Level: Solana is approaching the $178.78 support zone. A successful hold above this level could indicate a potential rebound.
Resistance Level: A break above $187.32 may lead to further gains, with the next resistance around $190.00.
Pro Tip: Given the current market volatility, it's crucial to monitor Solana's price action closely and consider risk management strategies when trading.
