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SOL

Large SOL Long Liquidated at $186.93 — Watch for Further Downside

I had a SOL long liquidated — a $206,000 position closed at $186.93. That forced exit highlights heavy leverage and short-term weakness in Solana.

Price action around $187 looks fragile; unless buyers quickly reclaim higher levels, this liquidation could amplify downside momentum.

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Analysis

The liquidation of a sizable long position at $186.93 suggests clustered leverage and weak short-term support for Solana. This event can trigger cascade selling and higher volatility, making a rebound...

Recommendation

I recommend avoiding new long entries and tightening stops on existing exposure. Wait for confirmed support and reduced leverage before adding exposure, or consider reducing risk now.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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