$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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