David-Warn
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Bullish
Solana ($SOL ) Short Liquidation Alert – Major Move Incoming.
Solana just witnessed a massive short liquidation of $3.25 million at $217.40. This signals aggressive short sellers getting wiped out as SOL’s price surges past key resistance levels.
What This Means for $SOL :
1. Short Squeeze in Play? – When shorts get liquidated, forced buy-backs occur, pushing the price higher. If this momentum continues, we could see an explosive rally.
2. Key Resistance at $220 – If SOL breaks and holds above this level, expect a potential move toward $230–$250.
3. Support Zone at $210 – If $SOL retraces, this area could act as strong support before another push higher.
4. Bullish Strength Growing – Rising liquidations of short positions suggest increasing buyer dominance.
Possible Trade Setup:
Buy Zone: $210–$215
Target 1: $225
Target 2: $235
Target 3: $250
Stop-Loss: Below $205
#SOL/USDT #MicroStrategyAcquiresBTC
Solana just witnessed a massive short liquidation of $3.25 million at $217.40. This signals aggressive short sellers getting wiped out as SOL’s price surges past key resistance levels.
What This Means for $SOL :
1. Short Squeeze in Play? – When shorts get liquidated, forced buy-backs occur, pushing the price higher. If this momentum continues, we could see an explosive rally.
2. Key Resistance at $220 – If SOL breaks and holds above this level, expect a potential move toward $230–$250.
3. Support Zone at $210 – If $SOL retraces, this area could act as strong support before another push higher.
4. Bullish Strength Growing – Rising liquidations of short positions suggest increasing buyer dominance.
Possible Trade Setup:
Buy Zone: $210–$215
Target 1: $225
Target 2: $235
Target 3: $250
Stop-Loss: Below $205
#SOL/USDT #MicroStrategyAcquiresBTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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