$SOL Market Update

Big liquidation event just hit $SOL — $1.21K in long positions wiped out at $236.74.

Key Levels:

Support: $233 – a breakdown here could open room toward $228.

Resistance: $242 – bulls need a breakout above this level to regain control.

Trade Idea:

Buy Zone: $233 – $235 (if price holds this support)

Sell Target: $241 – $243

Stop Loss: Below $232

With long liquidations kicking in, watch for a potential bounce if buyers step up. If selling pressure continues, wait for a confirmed retest before entering fresh longs.

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