Solana ($SOL ) Just Sent a Strong Signal

A sudden liquidation of short positions worth $2,880 at the $162.66 mark has stirred up the market and it’s more than just a blip. This could be a clear sign that bears are losing grip and momentum is shifting in favor of the bulls.

When the weaker hands exit, stronger ones usually take over. This might be the early stages of Solana $SOL #preparing for a big upward move. Here’s how I’m looking at it:

🔍 Key Analysis Zones

Accumulation/Bounce Zone: $159.20 – $161.30

This is where buyers are stepping in. The recent liquidations in this area could be an opportunity for strategic entries before the breakout.

📈 Bullish Price Targets

• Target 1: $166.50 – Potential first take-profit zone

• Target 2: $172.00 – A key area that could attract more liquidity and trigger a squeeze

• Target 3: $178.40 – If momentum stays strong, this could be the breakout extension

🛑 Risk Management

Set your stop-loss around $157.80.

If price falls below this level, it could invalidate the bullish setup and bring fresh selling pressure.

Final Thoughts

This recent short liquidation on Solana $SOL isn’t just a number — it’s a signal. Bulls might already be moving. A solid push above $163 could fuel a fast rally driven by short covers. Be early, be smart, and always manage your risk.

#SOL #CryptoAnalysis #BinanceAlpha