**Major Liquidation on $SOL! What’s Next?**
A massive long liquidation of **$5.089K** just occurred at **$145.4**, wiping out many traders. This could trigger a significant price reaction.
**What’s Next for $SOL?**
Following this liquidation, two scenarios are possible:
1. **Quick Recovery** – If buyers step in, $SOL could bounce back and move higher.
2. **Further Decline** – If selling pressure persists, the price may continue to drop.
**Key Levels to Watch:**
- **Buy Zone:**
- **$140 - $142**: A strong support area. Holding here could present a good entry opportunity.
- **$135** (in case of a deeper correction): A major support level where significant buyers might intervene.
- **Target Levels:**
- **$150 - $152**: The first resistance zone. A price recovery could make this a take-profit area.
- **$158 - $160**: If momentum builds, this becomes the next major resistance to watch.
- **Stop Loss:**
- **Below $138**: A drop below this level could signal further weakening of the trend.
**Final Thoughts:**
Liquidations often shake out weak positions but also open up new opportunities. Keep a close eye on price action near the buy zone, avoid chasing the market, and always prioritize risk management!#$SOL #SHELLAirdropOnBinance #BTCRebundsBack