$SOL just recorded a long liquidation of $6.3517K at $83.6631. This means traders expecting price to rise were forced to close their positions, creating sudden selling pressure. Long liquidations like this often push price lower quickly until strong support is found.
The key buy zone to watch is around $80.50–$81.50 if price stabilizes with steady volume. If buyers regain momentum, the first target could be $87.00, and the next resistance may sit near $90.00. A careful stop loss can be placed below $79.50 to manage risk. Always trade cautiously and protect your capital.