sell
Solana Long Liquidated at $189.32 — Short-Term Bearish Signal
I liquidated a $185,000 long on Solana at $189.32 after the position was stopped out.
This forced exit points to short-term selling pressure and possible stop-hunting around recent highs. I'll be cautious about re-entering until clear support forms.
Source available for registered users Sign Up Free
Analysis
The liquidation of a large long suggests downside momentum and liquidity grabs near the recent highs. This increases short-term volatility and raises the likelihood of further weakness unless buyers s...
Recommendation
Avoid initiating new long positions for now and wait for confirmation of support or a clear reversal before buying; consider trimming exposure if already long.
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.
You might also be interested in:
comment