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SOL

Solana Shorts Liquidated $264K at $191.52 — Short-Term Bullish

I noted a $264,000 short liquidation on Solana (SOL) at $191.52, which indicates short-covering and temporary upward pressure on price.

I view this as a bullish intraday signal but not definitive trend confirmation — watch volume and key resistance to see if momentum continues.

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Analysis

Forced short-liquidation at $191.52 suggests buyers were pushed in to cover positions, creating a squeeze that can produce a quick uptick. Without higher volume or a break above nearby resistance, thi...

Recommendation

Watch price and volume for confirmation; consider buying on weakness or partial entry if SOL holds above support and shows renewed momentum, and use tight risk controls.

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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