🔴 $SOL Long Liquidation: $44.38K at $162.96

Buyers just took a hit. Is this the dip—or the drop?

📉 Trend: Bearish

A major long liquidation signals a sharp sell-off

Momentum is fading after recent highs

Sellers stepping in hard at resistance

😬 Market Sentiment:

• Shaken bulls

• Fear creeping in

• Traders unsure if this is a healthy dip or trend reversal

• Volume cooling down

🧭 Next Move:

Hold or Wait for confirmation

Don’t chase right now

Look for a bounce or a clean break below support

🎯 Recovery Targets (if bounce happens):

• Target 1: $166

• Target 2: $170

• Target 3: $176

🛑 Stop Loss: $159

🔼 Resistance: $166.50

🔽 Support: $160

⚠️ Summary:

$SOL just wiped out $44K in long positions at $162.96

It’s a sign of weakness near the top

Wait for clarity before entering

If $160 holds, bulls may get another shot

But below that, it could slide fast.

#BuiltonSolayer #IPOWave #BTCUnbound #CFTCCryptoSprint #TradeBeacon