$SOL /USDT

$SOL/USDT has recorded a short liquidation on Binance, indicating bearish positions were forcefully closed as price pushed higher. While the liquidation size is relatively modest, it reflects strengthening buyer momentum and increases the probability of continued upside if resistance is cleared.

Signal: Short Liquidation (Bullish)

Support: 72.40
Resistance: 74.80

Entry Zone: 73.20 – 73.90

Next Target: 76.20

Take Profit:
TP1: 74.80
TP2: 75.50
TP3: 76.20

Stop Loss: 72.00

The liquidation of approximately $5.58K in short positions suggests sellers are being squeezed as bullish momentum builds. A sustained move above resistance with rising trading volume would reinforce the bullish structure and improve the probability of reaching the listed profit targets. Wait for confirmation and maintain disciplined risk management before entering.

$SOL
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