⚡ SOL JUST FLIPPED THE PRESSURE ZONE
🟢 Short Liquidation: $75.7K
💥 Liquidated at: $119.31
A short position just got wiped near $119.31 — and the timing matters.
SOL is trading around the $119 area, while fresh liquidation data shows another sizeable short-liquidity cluster around $119.80. That puts the nearby upside zone firmly on watch.
🎯 Levels on Watch
• $119.80 → immediate liquidity trigger
• $121–$123 → potential continuation zone
• $117.90 → key support area
• Below $116 → momentum could weaken and expose lower levels
📈 My Market Read:
If SOL reclaims and holds $119.80, another wave of short covering could accelerate the move toward the $121–$123 region.
But if price gets rejected and loses $117.90–$116, the bullish setup loses strength and a deeper retracement becomes possible.
🔥 Signal Bias: Watch for confirmation above resistance — don't chase the first spike.
Liquidity is building. The next SOL move could be fast.
Manage leverage and risk carefully. ⚠️
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules #SECApproves3xLongCryptoCommodityETPs #G7PlansToReleaseUpTo100MBarrelsOilDiesel #ICBASuesOCCOverCryptoBankCharters
🟢 Short Liquidation: $75.7K
💥 Liquidated at: $119.31
A short position just got wiped near $119.31 — and the timing matters.
SOL is trading around the $119 area, while fresh liquidation data shows another sizeable short-liquidity cluster around $119.80. That puts the nearby upside zone firmly on watch.
🎯 Levels on Watch
• $119.80 → immediate liquidity trigger
• $121–$123 → potential continuation zone
• $117.90 → key support area
• Below $116 → momentum could weaken and expose lower levels
📈 My Market Read:
If SOL reclaims and holds $119.80, another wave of short covering could accelerate the move toward the $121–$123 region.
But if price gets rejected and loses $117.90–$116, the bullish setup loses strength and a deeper retracement becomes possible.
🔥 Signal Bias: Watch for confirmation above resistance — don't chase the first spike.
Liquidity is building. The next SOL move could be fast.
Manage leverage and risk carefully. ⚠️
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules #SECApproves3xLongCryptoCommodityETPs #G7PlansToReleaseUpTo100MBarrelsOilDiesel #ICBASuesOCCOverCryptoBankCharters