Solana ($SOL ) Market Surge!

SOL just triggered a short liquidation of $40.50K at $196.85, showing bears got squeezed as buyers pushed price higher. These squeezes often act as fuel for momentum-driven rallies.

Key Price Zones:

• Support: $192.50 → strong base that keeps bulls in control.

• Resistance: $200.00 → breaking this psychological barrier could invite heavy buying.

Market View:

With shorts wiped out, SOL has a window to extend gains. Holding above support strengthens bullish conviction, while a breakout past resistance may send price racing toward new highs.

Trade Setup:

• Buy Zone: $194.00 – $197.00

• Target 1: $199.50

• Target 2: $204.00 (if momentum accelerates)

• Stop Loss: Below $191.80 to limit downside.

Tip: Watch $200 closely—crossing this level with strong volume could be the trigger for the next leg up.

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