$SOL just experienced a major short liquidation, clearing $3.6K at the $148.3 level. This sharp move indicates strong bullish momentum, suggesting that buyers are stepping in aggressively. If the price continues to hold above the $148 support zone, it could trigger a further rally. Short liquidations often lead to a wave of buying pressure, as traders rush to cover their positions, pushing prices higher. The $148.3 level now acts as a key support zone; if $SOL maintains strength above this mark, we could see an upward move toward resistance targets at $155, $160, and potentially $170. Traders looking to enter might consider the $147–$148 range as a potential buy zone, especially if the price shows signs of bouncing. For risk management, setting a stop-loss just below $146 is advised to limit downside risk. I’m closely monitoring the $148 level for price action and volume confirmation. If it holds, the rally could gain serious momentum. Follow along for updates and share this with your trading circle to stay ahead of the next big move.

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