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SOL

Solana Short Liquidated: $102K Closed at $193.42 — Short-Covering Boost

I had a short on Solana that was liquidated — $102,000 closed out at $193.42. That forced buy likely pushed price higher and reduced immediate short interest.

I'm watching price action for follow-through; if buyers sustain above recent levels I'll consider adding exposure, but I'll use stops and wait for a clear retest before increasing size.

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Analysis

The $102K short liquidation at $193.42 signals forced buying and a reduction in short pressure, which can fuel short-term upside. However, the move can reverse if momentum stalls or liquidity dries up...

Recommendation

View this as a bullish technical signal but not a guaranteed trend change — consider buying on confirmed strength or on shallow pullbacks with tight stops and controlled sizing.

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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