$SOL Short Liquidation: $6.6204K at $119.61
Buy Zone: $117.00 – $119.20
Targets: $121.80 and $125.40
Stop Loss: Below $116.20
Analysis:
A short squeeze just triggered with $6.6K in liquidations at $119.61, pushing above its recent resistance zone. This signals aggressive short covering and renewed bullish momentum. If the price maintains support above $117, we could see a swift rally toward $125+. With broader market strength led by $BTC, is well-positioned for a continuation move. However, failure to hold $116.20 may indicate a short-term trap.
Closing:
Watch closely — is heating up. Follow now to catch the next breakout before the crowd.
