Solana Short Liquidated — Bullish Momentum at $194
I saw a $57,000 short on SOL get liquidated at $194.40.
I view that liquidation as a bullish signal — it likely reflects short-squeeze pressure and a pickup in buying momentum around the $194 level.
I’ll watch for follow-through volume and clear resistance breaks before committing more capital, while managing risk with tight stops.
Analysis
Recommendation
Consider a cautious buy with defined risk — either scale in on confirmation above recent highs or buy on weakness toward support, using tight stops to limit downside.
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.