$SOL Long Liquidation Alert: $11.239K Wiped Out at $187.31

The market is heating up, and Solana just saw a major liquidation at $187.31. This level was a key resistance, but it couldn’t hold. The big question now is: What’s next for $SOL ?

What to Watch For:

Current Price Action: After the liquidation, SOL might see some volatility as traders try to regain control.

Support Zone (Buy Zone): Watch for SOL to retrace to $175 - $180. This is where buyers may step in.

Resistance Levels (Targets): If SOL bounces back, look for targets around $190, with a potential move towards $200 if momentum builds.

Trading Plan:

Buy Zone: $175 - $180 (wait for confirmation of support).

Target 1: $190 (short-term resistance).

Target 2: $200 (psychological level).

Stop Loss: Place a stop loss around $172 to manage your risk in case of further downside.

Risk Management Tip:

Always use proper position sizing and never risk more than 2% of your trading capital on a single trade.

SOL is at a critical moment, and the next move will set the tone for the coming days. Keep an eye on the volume and market sentiment!

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