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SOL

SOL Long Liquidated at $190.70 — Watch for Further Downside

I observed a $241,000 long position in Solana (SOL) get liquidated at $190.70.

I view this liquidation as a sign of elevated short-term selling pressure and increased volatility around that price level.

I would be cautious: monitor volume and order flow and avoid adding size until SOL shows clear stabilization or reclaims nearby support.

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Analysis

I see the $241K liquidation as evidence that stop-loss cascades can amplify downside in the near term; this increases the risk of further volatility until buyers re-enter decisively.

Recommendation

I recommend reducing exposure or staying sidelined until SOL demonstrates clear stabilization and improved order-flow; if trading, use smaller size and strict risk controls.

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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