watch

SOL liquidation: $48K closed at $184.66 — step back and reassess

I had a long on Solana (SOL) liquidated — a $48,000 position closed at $184.66. The loss highlights that I was overleveraged and my stops weren’t conservative enough for SOL’s volatility.

I’m stepping back to reassess position sizing, leverage, and stop placement rather than making an emotional re-entry. I’ll monitor price action and volume for clear signs of support or a decisive recovery before considering a new trade.

Source available for registered users Sign Up Free

Analysis

The liquidation indicates excessive leverage and insufficient risk controls amid SOL’s high volatility. Price action at the liquidation level suggests sellers dominated that move, so anticipation of a...

Recommendation

Don’t rush to buy. Reduce position size, use strict stop-loss rules, and watch for confirmed support or reversal signals before considering re-entry.

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.

You might also be interested in: