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SOL

Solana Short Liquidated at $197.89 — Bullish Momentum Signal

I was liquidated on a SOL short for $26,000 at $197.89.

That forced cover highlights bullish momentum and short-squeeze risk as price pushed through my level.

I’ll avoid re-entering shorts immediately and will wait for a clear pullback or a confirmed breakout before taking a new position.

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Analysis

The liquidation of a sizable short at $197.89 indicates buying pressure and short-covering accelerated the move higher; this reduces immediate downside room and makes further upside likely unless a sw...

Recommendation

I recommend watching price action closely: avoid new shorts, consider small long exposure only on a clean pullback, or wait for confirmation of a breakout before committing more 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.

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