🔴 SOLANA (SOL) | BULLS UNDER PRESSURE
💥 $120K Long Liquidation Recorded at $103.40!
Solana’s bulls are taking another hit as leveraged long positions get flushed out near $103.40. This latest liquidation adds to the selling-side warning, putting SOL’s ability to defend nearby support firmly in focus.
📊 Critical Trading Levels
* Liquidation Reference: $103.40
* Resistance Zone: $104.80–$106.00
* First Support: $102.00
* Major Psychological Level: $100.00
* Bullish Reversal Signal: Strong recovery above $106.00
🧠 Market Bias: Bearish Below $105
If SOL fails to hold the $103–$104 support area, a move toward $102 and potentially $100 becomes a risk to watch. A recovery above $106 would suggest buyers are regaining control. Recent technical readings also identify the $104 area as important near-term support.
#BinancePick
#TeslaSlides5%PreMarket #KOSPISinks3.52%ToLowestCloseSinceApril #ChinaSeeksToSeize61800BTC #EarningsSeason
💥 $120K Long Liquidation Recorded at $103.40!
Solana’s bulls are taking another hit as leveraged long positions get flushed out near $103.40. This latest liquidation adds to the selling-side warning, putting SOL’s ability to defend nearby support firmly in focus.
📊 Critical Trading Levels
* Liquidation Reference: $103.40
* Resistance Zone: $104.80–$106.00
* First Support: $102.00
* Major Psychological Level: $100.00
* Bullish Reversal Signal: Strong recovery above $106.00
🧠 Market Bias: Bearish Below $105
If SOL fails to hold the $103–$104 support area, a move toward $102 and potentially $100 becomes a risk to watch. A recovery above $106 would suggest buyers are regaining control. Recent technical readings also identify the $104 area as important near-term support.
#BinancePick
#TeslaSlides5%PreMarket #KOSPISinks3.52%ToLowestCloseSinceApril #ChinaSeeksToSeize61800BTC #EarningsSeason