Solana Long Liquidated at $190.98 — $28.6K Loss, Exercise Caution
I had a SOL long liquidated for $28,600 at a price of $190.98.
The liquidation underscores SOL's recent volatility and that my position was exposed to a downside move without sufficient stop protection.
I will step back, reassess support levels and only consider re-entry after clear technical confirmation and tighter risk controls.
Analysis
Recommendation
Do not initiate fresh long exposure now; wait for confirmed support or a clear trend reversal and use smaller position sizes with strict stops.
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.