don't buy
Solana Long Liquidated at $205 — Volatility Risk Elevated
I see a large SOL long position was liquidated, with an average entry around $205.07 and a notional size of about $152,904. This reflects forced deleveraging rather than a clean, organic sell-off.
That liquidation suggests elevated short-term volatility and possible stop-hunting around that price area. I would expect continued choppy price action until clearer support is established.
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Analysis
Forced liquidation of a large long (~$153k) at $205 implies leverage-driven downside and likely liquidity grabs; technical support beneath that level may be weak, so expect further price swings and po...
Recommendation
I would not buy SOL right now. Wait for signs of stabilization or confirmed support, reduce leverage if you hold positions, and consider smaller, staged entries only after clearer price structure form...
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.