Solana Long Liquidated at $194 — Short-Term Weakness
I had a SOL long liquidated for $124,000 at $194.17. The liquidation highlights how quickly leveraged longs can unwind around that price level.
This event signals short-term weakness and potential stop-hunting in the $190–$200 area. It increases the risk for aggressive long entries until buyers re-establish clear support.
I’ll avoid adding leverage, tighten risk controls, and wait for confirmation of a stable support zone before rebuilding exposure.
Analysis
Recommendation
Don’t add leverage and reduce size if exposed; consider selling into rallies or waiting for clear support confirmation before redeploying capital.
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.