$SOL Market Update
A short position worth $2.63K was liquidated at $216.40, signaling strong upward pressure from buyers. Momentum continues to favor the bulls as liquidity hunts clear weak shorts.
Key Levels
Support: $210 – $212 (buyers defending strongly)
Resistance: $222 – $225 (next major ceiling)
Trading Insight
SOL is showing resilience with rising demand. If price holds above $212, momentum could drive another leg higher. A clean break above $225 would open the door toward $232.
Strategy
Buy Entry: $213 – $215 (accumulate near support)
Target: $222 – $232
Stop-Loss: Below $209
For short-term traders, this looks like a buy-the-dip opportunity. Caution advised if price slips under $210, as bears may regain control.
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