SOL Sparks Short Squeeze at $150.94 🚀
A short liquidation of $1,406.9K at the critical level of $150.94 has sent a signal to the market. This event may be the catalyst for a high-volatility breakout.
*Technical Analysis 📊*
- *Demand Zone*: $146.50 – $149.20 (zone of repeated buying strength and whale activity) 🛡️
- *Buy Entry Zone*: $149.50 – $151.00 (ideal zone to enter long positions) 📈
*Target Levels 🎯*
1. *1st Target*: $156.80
2. *2nd Target*: $162.50
3. *3rd Target (Swing Target)*: $169.00
*Risk Management 🛑*
- *Stop Loss*: Place a stop below $146.30 (breakout thesis weakens below this level)
*Conclusion 💡*
SOLANA is showing signs of a powerful trend reversal, backed by forced liquidations and increasing bullish volume. The short squeeze at $150.94 may fuel a larger move. 🚀