$105K LONG LIQUIDATED on $SOL at $204.54!
The bulls just took a massive hit as Solana plunged, liquidating a hefty $105K long at $204.54! Someone bet big on $SOL 's rally—and got wiped out as volatility struck with full force.
What This Means:
Bearish Pressure Incoming? This liquidation could signal a shift in momentum, with potential for further downside if support levels fail.
Key Levels to Watch:
Support: Eyes on $200—if it breaks, expect a slide toward $195-$190.
Resistance: Recovery attempts may face selling pressure around $208-$210.
Next Moves:
For Bears: The door is open—watch for breakdowns below $200 to capitalize on bearish momentum.
For Bulls: Caution is key. Look for strong bounce signals near $200 or wait for a clear reclaim above $210 before re-entering.
Solana just flashed a warning—volatility is here to stay. Keep your stops tight and your strategies sharper! $SOL #Liquidation #CryptoVolatility
