SOL Liquidation: $206K Long Closed at $186.93
I had a $206,000 long position in SOL that was liquidated at $186.93. The trade closure highlights how quickly leveraged positions can unwind in this market.
This liquidation points to near-term selling pressure and elevated volatility for Solana. I’ll be more cautious with position sizing and leverage after this outcome.
Analysis
Recommendation
I recommend reducing exposure and not buying into this move. Wait for consolidation or a clear recovery above key resistance before re-entering, and use smaller size or no leverage.
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.