đŽ SOL LONGS TAKE A HIT â $53K LIQUIDATED AT $104.16
â ïž Solana Bulls Under Pressure!
A $53,000 long liquidation at $104.16 signals that bullish traders faced a costly setback. The key question now is whether SOL can stabilize or whether sellers will use this weakness to push prices lower.
đ Key Levels to Watch
- Liquidation Point: $104.16
- Immediate Resistance: $104.80â$105.50
- Support Zone: $103.00â$102.00
- Bearish Trigger: A sustained break below $103 could invite further downside.
- Bullish Recovery: Reclaiming $105.50 would help buyers regain momentum.
đŻ Next Move â My Market Bias
SOL has a short-term bearish tilt while price remains below the $104.80â$105.50 resistance area. A breakdown below $103 could expose lower levels, while a strong recovery above $105.50 would weaken the bearish setup.
đ„ Signal Watch: Let price confirm the direction before entering. Liquidation data highlights pressure, but it does not guarantee the next move.
â ïž Risk Disclaimer: This is a market observation, not financial advice. Always manage risk and use appropriate stop-loss levels.
#ElicePlunges33%InKoreanIPODebut #StrategyBuys267BTC #BlockchainAssociationSubmitsGENIUSActComments #ChipStocksReboundLiftingUSShares #CFTCRebutsCMELegalStanceInPerpetualFuturesFight
â ïž Solana Bulls Under Pressure!
A $53,000 long liquidation at $104.16 signals that bullish traders faced a costly setback. The key question now is whether SOL can stabilize or whether sellers will use this weakness to push prices lower.
đ Key Levels to Watch
- Liquidation Point: $104.16
- Immediate Resistance: $104.80â$105.50
- Support Zone: $103.00â$102.00
- Bearish Trigger: A sustained break below $103 could invite further downside.
- Bullish Recovery: Reclaiming $105.50 would help buyers regain momentum.
đŻ Next Move â My Market Bias
SOL has a short-term bearish tilt while price remains below the $104.80â$105.50 resistance area. A breakdown below $103 could expose lower levels, while a strong recovery above $105.50 would weaken the bearish setup.
đ„ Signal Watch: Let price confirm the direction before entering. Liquidation data highlights pressure, but it does not guarantee the next move.
â ïž Risk Disclaimer: This is a market observation, not financial advice. Always manage risk and use appropriate stop-loss levels.
#ElicePlunges33%InKoreanIPODebut #StrategyBuys267BTC #BlockchainAssociationSubmitsGENIUSActComments #ChipStocksReboundLiftingUSShares #CFTCRebutsCMELegalStanceInPerpetualFuturesFight