$SOL Long Liquidation Alert:

A long liquidation of $7,462.70 occurred at $233.21, signaling strong selling pressure in the market.

Key Insights:

Bulls failed to defend key levels, forcing long positions to liquidate.

This may indicate further bearish momentum unless buyers step in near critical support zones.

What’s Next?

Support Zone: Watch $230. If $SOL breaks below this level, it could drop toward $225 or lower.

Resistance Zone: Recovery above $235 is essential to regain bullish momentum.

Next Move:

For bears: If SOL breaks $230, consider shorting with a target near $225, but set a tight stop-loss.

For bulls: Wait for $SOL to reclaim $235 with strong volume before considering long positions.

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