buy

Solana Short Squeezed — $120K Liquidated at $189.22 Signals Bullish Momentum

I see a bullish signal after a $120K short was liquidated at $189.22 on SOL. The short squeeze shows immediate buying pressure and reduces near-term bearish conviction.

Price action around $189 suggests momentum could continue if supported by volume, but I’ll watch for resistance and possible retracements.

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Analysis

The $120K short liquidation at $189.22 is a meaningful short-squeeze signal for Solana (SOL), implying increased buying pressure and reduced immediate downside risk. Confirmation via follow-through vo...

Recommendation

Recommendation: Buy into the momentum with disciplined position sizing and a stop-loss below recent support; if momentum fades, look to buy on weakness near established support levels rather than chas...

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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