đ„ $162K in Longs Just Liquidated at $195.17!
A massive long squeeze just hit $SOL, wiping out leveraged traders and increasing market volatility. This signals strong selling pressure, but could also set the stage for a rebound if buyers step in!
đ Whatâs Next?
â Bullish Case: If $SOL holds above $195, we could see a recovery toward $200 - $205.
â Bearish Case: If selling continues, expect a dip toward $190 - $185, where major support lies.
đŻ Trading Strategy:
đč Long? Wait for strong buying above $195 before entering.
đč Short? Look for a rejection near $200 for a possible short setup.
â ïž Risk Management: Stay cautiousâliquidations can trigger sharp moves!
đŹ Are you bullish or bearish on $SOL? Letâs discuss below! đđ„