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Solana short liquidation: $75.5K closed at $193.31 — possible short-squeeze

I observed a short on Solana get liquidated — $75.5K closed at $193.31.

I view this as evidence of short-covering and a potential bullish impulse, but I’m watching for follow-through and volume before taking a larger position.

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Analysis

The liquidation of a $75.5K short at $193.31 implies upward pressure forced shorts out, which can produce short-term upside. Without sustained volume and price confirmation, the move could still rever...

Recommendation

I’m treating this as a bullish signal to monitor: wait for confirmed follow-through with volume or consider a partial entry on a validated breakout or a disciplined pullback.

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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