$SOL Short Liquidation Update
Short positions totaling $3.9998K were liquidated at $142.14, confirming strong buy-side pressure and forcing bearish exits.
Market Structure
Price is holding above the liquidation zone, showing acceptance at higher levels. This shift in structure favors a bullish continuation if momentum remains supported.
Key Levels
Support: $141.5 – $138.8
Resistance: $146.5 → $152.8
Bullish Trade Setup
Entry: Break and hold above $146.5, or a controlled pullback holding above $141.5
Targets:
TP1: $152.8
TP2: $160.5
Stop Loss: Below $137.9
Market Sentiment
The short squeeze flipped short-term control to buyers. With sellers cleared and structure intact, pullbacks are likely to be absorbed rather than sold.
Bullish bias remains active while price holds support and volume confirms upside continuation.
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