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SOL

Solana long liquidated at $192.97 — caution advised

I was liquidated on a long in Solana (SOL) — $67,500 closed at $192.97.

This liquidation likely amplified short-term selling pressure and suggests stops clustered around this level were run. Expect elevated volatility and potential further downside until a clear support is reclaimed.

I will avoid re-entering here and prefer to wait for a confirmed reversal or stronger support before adding exposure.

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Analysis

The $67.5K liquidation at $192.97 likely triggered additional selling and indicates that momentum is against longs near this level. Unless buyers quickly reclaim support, further weakness or choppy pr...

Recommendation

Do not buy into the drop; wait for confirmed support or a reversal signal. If already exposed, reduce size or tighten stops to manage risk.

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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