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Solana Short Liquidated at $193 — Short-Squeeze Boost
I noticed a $102,000 short on SOL was liquidated at $193.42, which suggests short-covering pressure at that price level.
I view this as a near-term bullish signal driven by forced buying, but I want to see confirming volume and follow-through before assuming a sustained move.
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Analysis
The $102K short liquidation at $193.42 points to short-squeeze-driven upside pressure on Solana. This is a momentum signal rather than a full trend confirmation — check trade volume, order flow and ne...
Recommendation
Watch price and volume for confirmation; consider trading on confirmed follow-through rather than buying immediately. If momentum and volume confirm, a tactical long or partial buy could be warranted ...
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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