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SOL

Solana Long Liquidated at $186.44 — Expect Near-Term Weakness

I had a $200K long position in Solana (SOL) liquidated at $186.44.

The forced exit underscores SOL's recent volatility and the risk of leveraged longs in the current market environment.

I will avoid re-entering until I see clear support or a confirmed reversal signal.

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Analysis

The liquidation indicates notable downside pressure and that leveraged positions are vulnerable around current levels. Volume and market structure should be watched for lower lows or a reclaim of key ...

Recommendation

Do not buy into SOL right now; avoid leverage and wait for clear technical support or a bullish confirmation before considering re-entry.

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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