$SOL Just Triggered a Short Liquidation at $150.08 — $15,091 Wiped in Seconds!
A wave of short positions has just been liquidated as $SOL smashed through the $150.08 mark. This surge in price signals rising momentum and potential further upside. Smart traders are now eyeing the next strategic levels.
Technical Analysis
Buy Zone: $146.50 – $149.20
This zone is acting as a retest region after the short liquidation spike. A healthy pullback here would be ideal for entering a long position with minimal risk.
First Target: $156.80
Resistance from previous highs; a break above this could unlock rapid upside.
Second Target: $163.40
Psychological resistance and fib extension. If bulls dominate, this becomes a real possibility.
Stop Loss: $144.80
Set just below the support line to protect against a fakeout or sudden reversal.
Summary:
Shorts are getting squeezed and momentum is favoring the bulls. With $15K in liquidations at $150.08, $SOL is heating up. Watch the buy zone closely. If it holds, the next rally could be fast and fierce.