Solana long liquidated at $186.52 — downside risk rising
I had a SOL long liquidated for $43,000 at $186.52.
The forced exit shows strong selling pressure and suggests elevated short-term volatility and downside risk for Solana.
I will stay cautious and avoid adding leveraged long positions until I see confirmed support or a clear reversal.
Analysis
The liquidation at $186.52 indicates weak bid support around that level and potential stop cascades; momentum currently favors sellers and price may test lower support or trade choppily.
Recommendation
Reduce or avoid long exposure for now, refrain from adding leverage, and wait for confirmed support or a clear reversal 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.