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SOL Short Liquidated at $189.22 — Watch for Short-Squeeze Follow-Through

I noticed a $120K short on Solana (SOL) was liquidated at $189.22. That forced buying likely added short-term upward momentum.

I view this as a bullish micro-event but not a confirmed trend change. I’ll monitor follow-through, volume, and any pullbacks before increasing exposure.

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Analysis

The liquidation at $189.22 reflects short-covering and temporary buying pressure that can trigger a short squeeze; without sustained volume and higher highs, the move may be transient and vulnerable t...

Recommendation

I will watch price action and volume closely; consider a buy on weakness or a partial entry after a clear pullback and confirmation, and avoid chasing immediate spikes.

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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