partial buy

SOL Long Liquidation at $161.65 Triggers $36K Loss

I experienced a liquidation of my long position in SOL, with a loss of $36,000 when the price hit $161.65.
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AI Analysis

This event indicates that the SOL market experienced a sharp decline or triggering of stop-loss orders that resulted in the liquidation of a significant long position. Liquidations often occur during ...

AI Recommendation

Given this liquidation event, traders should exercise caution regarding leverage in volatile cryptocurrencies like SOL. It's vital to set realistic stop-loss levels and avoid excessive leverage to wit...

Disclaimer

The AI 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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