SOL Short Liquidation at $194.30 Signals Short-Squeeze Boost
I saw a $50.4K short liquidation on SOL at $194.30, which indicates a short squeeze and immediate bullish pressure on price.
I think this is a positive near-term signal but may be transient — forced cover can lift price quickly, then volatility and pullbacks often follow.
Analysis
Recommendation
If you hold SOL, consider trimming or using a trailing stop to lock gains. New buyers should wait for a brief pullback or employ buy-on-weakness sizing with risk limits in case momentum fades.
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.