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.
Analysis
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.