sell

SOL Long Liquidated: $241K Closed at $190.70

I had a long on Solana that was liquidated — $241,000 closed at $190.70. The position was forcefully exited and realized a sizable loss.

Given the liquidation, I see elevated short-term downside risk and will not rush back in. I’ll only consider re-entry after clear price support or a disciplined smaller-sized plan with strict stops.

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Analysis

The forced liquidation shows the market moved sharply against leveraged longs and indicates short-term weakness for Solana. This suggests liquidity stress or a sudden bearish move rather than a techni...

Recommendation

Don't buy into SOL immediately. Reduce leverage, tighten stops, and wait for confirmation of support or a clear reversal before taking new sizable longs; consider smaller test positions or buying on w...

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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