๐$ SOLANA IS TESTING THE BULLS AGAIN! $105K IN LONGS WIPED OUT AT $88.07!
Another liquidity warning has emerged for Solana! $105,000 worth of leveraged long positions were liquidated at $88.07, showing that buyers are still struggling to withstand selling pressure.
The interesting part is the location of this liquidation: SOL is now being tested around the $88 support region. If buyers fail to defend this area, sellers could gain another advantage.
๐ SOLANA'S KEY LEVELS
- ๐ด Long Liquidation: $105,000
- ๐ Liquidation Price: $88.07
- โ๏ธ Key Pivot: $88.00
- ๐ง Resistance: $88.80โ$89.50
- ๐ก๏ธ Immediate Support: $87.50
- ๐ฏ Lower Targets: $86.80โ$86.00
โก SOL: THE NEXT DIRECTION
๐ป Bearish Continuation: A confirmed breakdown below $87.50 could expose $86.80, followed by $86.00 if selling momentum increases.
๐ข Bullish Rebound: If SOL holds $87.50 and climbs back above $88.80, buyers could attempt a recovery toward $89.50.
๐ฏ MY SIGNAL PROVIDER'S OPINION
<badge color="danger">Cautiously bearish</badge>
My short-term preference is bearish while SOL remains below $88.80.
- Short confirmation: Breakdown below $87.50.
- Bullish confirmation: Reclaim of $88.80.
- Invalidation: Sustained strength above $89.50.
๐ฅ WATCH THE $87.50 LEVEL! Another failure by buyers could invite fresh selling pressure, while a strong recovery may trap late short sellers. Patience and confirmation are essential here.
โ ๏ธ Risk Warning: Liquidation activity does not guarantee price direction. Use appropriate stop-losses, manage position size, and avoid excessive leverage.
#BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq #TradFiForBeginners #JobsReportRaisesHikeOdds
Another liquidity warning has emerged for Solana! $105,000 worth of leveraged long positions were liquidated at $88.07, showing that buyers are still struggling to withstand selling pressure.
The interesting part is the location of this liquidation: SOL is now being tested around the $88 support region. If buyers fail to defend this area, sellers could gain another advantage.
๐ SOLANA'S KEY LEVELS
- ๐ด Long Liquidation: $105,000
- ๐ Liquidation Price: $88.07
- โ๏ธ Key Pivot: $88.00
- ๐ง Resistance: $88.80โ$89.50
- ๐ก๏ธ Immediate Support: $87.50
- ๐ฏ Lower Targets: $86.80โ$86.00
โก SOL: THE NEXT DIRECTION
๐ป Bearish Continuation: A confirmed breakdown below $87.50 could expose $86.80, followed by $86.00 if selling momentum increases.
๐ข Bullish Rebound: If SOL holds $87.50 and climbs back above $88.80, buyers could attempt a recovery toward $89.50.
๐ฏ MY SIGNAL PROVIDER'S OPINION
<badge color="danger">Cautiously bearish</badge>
My short-term preference is bearish while SOL remains below $88.80.
- Short confirmation: Breakdown below $87.50.
- Bullish confirmation: Reclaim of $88.80.
- Invalidation: Sustained strength above $89.50.
๐ฅ WATCH THE $87.50 LEVEL! Another failure by buyers could invite fresh selling pressure, while a strong recovery may trap late short sellers. Patience and confirmation are essential here.
โ ๏ธ Risk Warning: Liquidation activity does not guarantee price direction. Use appropriate stop-losses, manage position size, and avoid excessive leverage.
#BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq #TradFiForBeginners #JobsReportRaisesHikeOdds