$SOL just saw a Short Liquidation of $10.092K at $79.25, signaling a strong bullish squeeze as price surged unexpectedly. 📈

Short liquidations happen when sellers are forced to cover positions due to upward momentum, creating rapid buying pressure. This indicates that bulls are stepping in aggressively, and the market may continue to see volatility in the short term.

Key points to watch:

🔹 Will SOL hold above $79?

🔹 Can momentum push it toward the next resistance levels?

Such squeezes can trigger further upside, but sharp moves are often followed by quick pullbacks. Traders should remain cautious, manage risk carefully, and wait for confirmation before entering new positions.

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SOL

88.19

-0.29%