đš SOL SHORTS UNDER PRESSURE!
đą #SOL Short Liquidation: $99.1K
đ Trigger Price: $121.07
Another meaningful short position has been wiped out near $121, adding to the evidence that leveraged bears are getting squeezed around this zone. SOLâs derivatives market remains highly active, with roughly $6.7B in 24H futures volume and about $7.0B open interest. ïżœ
coinglass
⥠Market Pulse
This liquidation can fuel a continuation move if buyers keep control. Recent SOL liquidation data shows both sides have been getting hit, so this is not a one-way signal by itself. ïżœ
Sharpe Terminal +1
đŻ My View:
$121 is the key reaction area. A sustained move above $121â$122 could open room toward $124â$125. If SOL gets rejected and slips back below $119, the bullish momentum could cool and a deeper retracement becomes possible.
đ Signal bias: Cautiously bullish above $121
â ïž Wait for confirmation/volume before chasing a breakout.
đ„ SOL is squeezing shorts â now watch whether buyers can turn the liquidation zone into support.
If you're posting this as a signal, monitor $121â$122 first and update the setup if that range breaks.
#EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework #AnthropicTargetsIPOAsSoonAsMidNovember #EtherGains70.9%InQ3
đą #SOL Short Liquidation: $99.1K
đ Trigger Price: $121.07
Another meaningful short position has been wiped out near $121, adding to the evidence that leveraged bears are getting squeezed around this zone. SOLâs derivatives market remains highly active, with roughly $6.7B in 24H futures volume and about $7.0B open interest. ïżœ
coinglass
⥠Market Pulse
This liquidation can fuel a continuation move if buyers keep control. Recent SOL liquidation data shows both sides have been getting hit, so this is not a one-way signal by itself. ïżœ
Sharpe Terminal +1
đŻ My View:
$121 is the key reaction area. A sustained move above $121â$122 could open room toward $124â$125. If SOL gets rejected and slips back below $119, the bullish momentum could cool and a deeper retracement becomes possible.
đ Signal bias: Cautiously bullish above $121
â ïž Wait for confirmation/volume before chasing a breakout.
đ„ SOL is squeezing shorts â now watch whether buyers can turn the liquidation zone into support.
If you're posting this as a signal, monitor $121â$122 first and update the setup if that range breaks.
#EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework #AnthropicTargetsIPOAsSoonAsMidNovember #EtherGains70.9%InQ3