The market just threw a curveball as a significant short liquidation hit $SOL LUSDC, totaling $1.417K at $85.3589. Traders who had bet against the surge were forced to cover, sending rapid ripples through the order books. Price action ignited immediately, showing strong volatility as momentum flipped almost instantly. Buyers stepped in aggressively, pushing the market into a high-alert zone where even minor resistance levels were tested and pierced.
Watching the chart, it’s clear that a clean breakout setup had formed prior to the liquidation, with volume surging as shorts capitulated. The reaction was swift, with candle wicks stretching and liquidity zones being gobbled up, highlighting the intensity of the move. This isn’t just a minor shake-up; it’s a vivid signal that sentiment is shifting fast. Market participants now have to navigate both momentum and caution, as the next support levels could see rapid re-tests, and any pullbacks might trigger additional short squeezes.
Every tick now counts traders are watching closely for follow-through or signs of exhaustion. The market’s pulse is racing, and #SOLUSDC is at the center of the action.
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