SOL Big Changes After the liquidation of longs, a good opportunity to bottom out is coming!
Just now, a giant whale was forced to liquidate at $140, with $8.28 million in long positions disappearing in an instant! Such large-scale liquidations are often a prelude to significant market movements, either the operators complete a washout and counterattack, or they completely break through key support.
Key signals to watch:
1️⃣ Bottoming Range: $132-136 is the solid bottom area, pay close attention to price reactions around this range.
2️⃣ Rebound Targets: First target $145, second target $152, if it breaks out with volume, look directly at $160.
3️⃣ Stop-Loss Discipline: Unconditionally cut positions if it falls below $129, do not go against the trend.
Trading Strategy:
▶️ Wait for a confirming bullish candle with volume to confirm the bottom, enter directly if a engulfing pattern appears.
▶️ Don't exceed 30% position size, this rebound may test the bottom again at any time.
▶️ Add to positions after breaking $145, remember that profit-taking is a selling point.
Lastly, a heartfelt note: The crypto market is specialized in treating all kinds of defiance, don't get carried away just because one prediction was correct. Set your conditional orders, eat when it's time to eat, sleep when it's time to sleep, and let the market move on its own.
If you currently feel helpless and confused in trading, and want to learn more about the cryptocurrency world and cutting-edge information, click on my profile picture to follow me, so you won't get lost in this bull market again!
