⚠️ ALERT:
$SOL Liquidation Risk & Short-Term Trading Setup
👇🏻
Solana (
$SOL ) is facing increased selling pressure due to significant liquidity concerns. FTX/Alameda has recently unstaked over 200,000
$SOL tokens (valued at approximately $13M), which could lead to a major market dip if these tokens are moved to exchanges for liquidation.
Additionally, staking participation has hit multi-year lows, raising concerns regarding long-term network security and decentralization.
M15 Trading Plan (Short Strategy):
Given the current bearish sentiment, here is a potential setup to watch:
Entry Zone: $67.8 – $72.7
Stop Loss (SL): $74.6
Take Profit 1 (TP): $65.2
Take Profit 2 (TP): $61.1
Take Profit 3 (TP): $58.9
Disclaimer: This is for informational purposes only and not financial advice. Always perform your own research (DYOR) before entering any trade.
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