$SOL Just Triggered a Storm: $10,044 Short Liquidation at $153.97!
A major short position has been crushed as Solana surged past the $153.97 mark, wiping out over $10K in shorts. This isn’t just a number—it’s a signal that the bulls are taking back control with serious momentum.
Analysis Zone:
Solana has broken through key resistance near $154, fueled by short liquidation pressure. This momentum could ignite a bullish leg up, but caution is still key.
Current Trend: Bullish breakout from consolidation
Volume: Rising with liquidation spike
Market Sentiment: Turning bullish after flushing out weak shorts
Buy Zone:
Entry Range: $151.50 to $153.50
(Look for a retest of the liquidation zone or a small dip to enter with confirmation)
Targets:
Target 1: $158.40 – Recent high and minor resistance
Target 2: $164.00 – Major resistance zone from last rejection
Target 3: $171.20 – Momentum extension target if trend continues
Stop Loss:
Safe SL: Below $149.20
(Break below this invalidates short-term bullish momentum)
Conclusion:
The liquidation at $153.97 has acted as a trigger point, pushing $SOL into a momentum-driven rally. Watch the $151–154 zone closely. If it holds as support, this could be the launchpad for a significant uptrend. Risk management is key—this is where precision trading pays off.
Would you like a follow-up post if $SOL hits Target 1 or if new liquidation data appears?
