Solana Short Liquidated at $197.89 — Volatility Warning
I was short SOL and my position was liquidated for $26,000 at $197.89. The liquidation shows how quickly a leveraged short can reverse in Solana's volatile market.
I'm taking this as a reminder to reduce leverage and tighten risk controls rather than chase directional bets here. Price action around $198 looks like a squeeze area, so I won't reestablish a large short without clear confirmation.
Analysis
Recommendation
Avoid adding large or leveraged short exposure now. Reduce position sizes, use strict stop-losses, and wait for clear trend confirmation or a defined resistance level before re-entering.
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.