Solana Short Liquidated at $194 — Short-Squeeze Signal
I noticed a $50.2K short on SOL was liquidated at $194.15. The forced buy likely added immediate upward pressure on price.
I view this as a short-term bullish signal, though the size is modest relative to the market. It could indicate a short squeeze or stop-hunt around that level if follow-through volume appears.
I'm watching price action and volume near $194–$200 for confirmation before committing larger exposure; a clean breakout with volume would make me more confident in a longer bias.
Analysis
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Disclaimer
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