Solana $57K Short Liquidated at $194 — Short-Squeeze Alert
I see a $57K short liquidation on Solana (SOL) at $194.40 — a clear short-squeeze signal that can add near-term upward momentum.
That said, a single liquidation doesn’t prove a sustained trend. I’d watch for follow-through volume and price structure before committing large capital.
Analysis
Recommendation
Prefer a buy-on-weakness approach: wait for a pullback or confirmation of trend (higher low and supportive volume) before scaling in, keep positions moderate, and use tight stops to manage risk.
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.