SOL Short Liquidated at $194 — Short-Squeeze Signals Bullish Momentum
I noticed a $50.4K short on Solana was liquidated at $194.30, which points to short-covering and a bullish impulse in the near term.
I'll watch price action for follow-through — if SOL holds above this level and volume rises, I would consider a tactical long on a pullback; otherwise I prefer to wait for clearer confirmation.
Analysis
Recommendation
Watch for confirmation: consider buying on a confirmed pullback or a clean breakout with higher volume; otherwise stay on the sidelines until momentum is validated.
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.