🚨$ SOLANA HIT BY ANOTHER HEAVY LIQUIDATION — $407K LONGS GONE!
The pressure on Solana bulls is escalating! A massive $407,000 in leveraged long positions has been liquidated at $86.46. This is a significant hit for buyers and raises the risk of another downside move if sellers maintain control.
📊 LIQUIDATION ALERT
- Asset: Solana (SOL)
- Liquidated Side: Long
- Total Value: $407,000
- Liquidation Price: $86.46
🎯 THE PRICE BATTLEFIELD
- Immediate Resistance: $87.20–$87.80
- Major Resistance: $88.50–$89.00
- First Support: $85.80
- Critical Support: $84.50
- Lower Target: $83.00
📉 NEXT MOVE — MY MARKET OPINION
Current Bias: BEARISH ⚠️
The liquidation puts sellers in a stronger position, but confirmation is essential before entering a trade.
🔻 Downside Scenario: A decisive break below $85.80 could expose $84.50. If selling accelerates, $83.00 becomes the next downside objective.
🟢 Recovery Scenario: If SOL reclaims $87.80 with strong buying volume, a recovery toward $88.50–$89.00 could develop.
🎯 PRO SIGNAL STRATEGY
My preference is to wait for a confirmed breakdown below $85.80 or a clear rejection near $87.20–$87.80 before considering a short setup.
Watch the $85.80 support closely. SOL bulls need to defend this zone, or sellers could gain another opportunity to push lower!
#SOLTrading
#AIChipSlumpNasdaq #BitcoinFiveWeeklyLosses #AnthropicRejectsIPODelayValuationinQuestion #NvidiaInvestigatesAfterHuang’sAffairApology
The pressure on Solana bulls is escalating! A massive $407,000 in leveraged long positions has been liquidated at $86.46. This is a significant hit for buyers and raises the risk of another downside move if sellers maintain control.
📊 LIQUIDATION ALERT
- Asset: Solana (SOL)
- Liquidated Side: Long
- Total Value: $407,000
- Liquidation Price: $86.46
🎯 THE PRICE BATTLEFIELD
- Immediate Resistance: $87.20–$87.80
- Major Resistance: $88.50–$89.00
- First Support: $85.80
- Critical Support: $84.50
- Lower Target: $83.00
📉 NEXT MOVE — MY MARKET OPINION
Current Bias: BEARISH ⚠️
The liquidation puts sellers in a stronger position, but confirmation is essential before entering a trade.
🔻 Downside Scenario: A decisive break below $85.80 could expose $84.50. If selling accelerates, $83.00 becomes the next downside objective.
🟢 Recovery Scenario: If SOL reclaims $87.80 with strong buying volume, a recovery toward $88.50–$89.00 could develop.
🎯 PRO SIGNAL STRATEGY
My preference is to wait for a confirmed breakdown below $85.80 or a clear rejection near $87.20–$87.80 before considering a short setup.
Watch the $85.80 support closely. SOL bulls need to defend this zone, or sellers could gain another opportunity to push lower!
#SOLTrading
#AIChipSlumpNasdaq #BitcoinFiveWeeklyLosses #AnthropicRejectsIPODelayValuationinQuestion #NvidiaInvestigatesAfterHuang’sAffairApology