Solana long liquidated at $184 — wait for stability - Expert Analysis | Cryptochase AI
don't buy

Solana long liquidated at $184 — wait for stability

I had a long in Solana that was liquidated — average entry $184.18 on a $63,916 position. The trade was closed by stop/liquidation, so I’m taking this as a loss and a signal of short-term weakness.

I’m cautious about jumping back in immediately. The liquidation highlights heightened volatility and potential lack of support around my entry area, so I want to see stabilization or a clear bounce before reallocating capital.

Analysis

The liquidation indicates recent downside pressure and elevated volatility in SOL; a sizable long being stopped out suggests stops were clustered near that level or that liquidity dried up, increasing risk for immediate re-entry.

Recommendation

Don’t buy now — wait for consolidation or a confirmed support/bounce and consider smaller size or hedges before re-entering.

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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