$SOL Short Liquidation – $3.60K Cleared at $148.3
$SOL just saw a big short liquidation, clearing $3.6K at $148.3. Bulls are showing strength here, and if this momentum holds, we could see more upside.
Key Level to Watch: $148
If price holds above this level, we might see $SOL push higher and go for the next resistance zones.
Why This Could Be a Good Buy:
Short Squeeze Reaction: Liquidations like this often spark a wave of buying as shorts rush to cover. That buying pressure can drive price up fast.
Support at $148.3: If price stays above this zone, it becomes solid support and a decent spot to consider entering.
Strong Momentum: Buyers stepped in hard. This could be the start of a new leg up.
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Let me know if you want it even shorter or want to add a bullish target.