$SOL Long Liquidation Alert! š“
š£ Liquidation Size: $6.144K
š„ Liquidation Price: $173.07
Longs just got flushed at $173, triggering a liquidity sweep below support ā a classic trap zone where smart money often reloads. Expect heightened volatility as the market decides whether this is a breakdown or a bounce setup. āļø
š Trade Setup:
Bias: Bearish ā Possible rebound watch
Entry: $173 ā $174.5
Take Profit (TP):
TP1: $169
TP2: $164
TP3: $158
Stop Loss (SL): $177 (above liquidation wick)
āļø Market Snapshot:
Heavy long liquidation = fear spike, possible bottom zone.
RSI near oversold on short-term timeframes.
Volume spiked ā volatility incoming.
š” Pro Tips:
1ļøā£ Wait for confirmation candle above $174 for a potential rebound.
2ļøā£ Watch Bitcoinās direction ā SOL often mirrors BTCās momentum.
3ļøā£ Manage risk tightly; liquidation zones often lead to sharp reversals.
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