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SOL

Solana Short Squeeze: $120K Liquidated at $189.22

I saw $120K of Solana shorts get liquidated at $189.22, which signals aggressive short-covering at that price level.

I view this as a bullish momentum signal in the short term, but it needs volume confirmation and attention to nearby resistance.

I will look to participate on a confirmed breakout or on a controlled pullback with clear stop-loss placement.

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Analysis

The $120K short liquidation at $189.22 suggests forced buying and upward pressure on SOL; if buyers follow through with volume, the move may extend, but the event can also precede a corrective pullbac...

Recommendation

I would consider buying into momentum on a confirmed breakout with volume or wait for a disciplined pullback to add exposure, using tight risk management.

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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