🚨 SOLANA ALERT: SHORTS GET CAUGHT AT $102.93!
🟢 Liquidation Update: $61.4K in SOL short positions wiped out at $102.93.
The battle around $103 is heating up! Another short liquidation shows that bearish traders are facing pressure, but the real question is whether SOL can turn this level into a launchpad for its next move.
📊 MARKET SETUP
🎯 Key Pivot: $102.90–$103.00
🚀 Bullish Scenario:
A confirmed breakout above $103, followed by sustained buying, could send SOL toward $104.00 and potentially $105.50.
🛡️ Support to Defend:
$102.00, followed by the psychological $100.00 zone.
⚠️ Bearish Scenario:
If SOL fails to hold above $103 and drops below $102, sellers could regain control and push price toward $101–$100.
📈 SIGNAL PROVIDER'S VIEW: BULLISH ABOVE $103 — WITH CONFIRMATION
Repeated short liquidations near this area suggest bears may be vulnerable to further upside. My preferred setup is a confirmed breakout and successful retest of $103 before considering a long entry. A rejection at resistance changes the picture.
🔥 Watch the $103 battle closely. The next decisive move could catch overleveraged traders off guard.
Risk Management: Set a clear invalidation level, avoid excessive leverage, and never treat liquidation data as a guaranteed price signal.
#SOL #Solana #CryptoSignals #ShortSqueeze #LiquidationAlert #TradingSetup
#CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore #ThailandSupremeCourtRulesBitcoinIsProperty #RobinhoodFalls8.4%AfterItsResults
🟢 Liquidation Update: $61.4K in SOL short positions wiped out at $102.93.
The battle around $103 is heating up! Another short liquidation shows that bearish traders are facing pressure, but the real question is whether SOL can turn this level into a launchpad for its next move.
📊 MARKET SETUP
🎯 Key Pivot: $102.90–$103.00
🚀 Bullish Scenario:
A confirmed breakout above $103, followed by sustained buying, could send SOL toward $104.00 and potentially $105.50.
🛡️ Support to Defend:
$102.00, followed by the psychological $100.00 zone.
⚠️ Bearish Scenario:
If SOL fails to hold above $103 and drops below $102, sellers could regain control and push price toward $101–$100.
📈 SIGNAL PROVIDER'S VIEW: BULLISH ABOVE $103 — WITH CONFIRMATION
Repeated short liquidations near this area suggest bears may be vulnerable to further upside. My preferred setup is a confirmed breakout and successful retest of $103 before considering a long entry. A rejection at resistance changes the picture.
🔥 Watch the $103 battle closely. The next decisive move could catch overleveraged traders off guard.
Risk Management: Set a clear invalidation level, avoid excessive leverage, and never treat liquidation data as a guaranteed price signal.
#SOL #Solana #CryptoSignals #ShortSqueeze #LiquidationAlert #TradingSetup
#CanMicrosoftDeliverOnAI #CanGoogleDefindItsCore #ThailandSupremeCourtRulesBitcoinIsProperty #RobinhoodFalls8.4%AfterItsResults