SOL Liquidation Signal
๐จ SOL SHORTS JUST GOT SQUEEZED! โก
๐ข #SOL Liquidated Short: $190K
๐ฐ Liquidation Price: $121.24
A $190K short position has been wiped out around $121.24 โ a notable sign that sellers are getting caught as SOL pushes higher. Current liquidation data also shows short liquidations slightly outweighing longs over the past 24 hours.
๐ Market Read:
SOL has been holding around the $118โ$120 zone, while the recent move toward $121+ puts short-side leverage under pressure.
๐ฅ My View:
If SOL can break and hold above $121.24, another short squeeze could develop, potentially opening the door toward $122โ$124.
โ ๏ธ If price rejects this area and slips back below $118โ$119, the bullish momentum could cool quickly.
๐ฏ Key Levels:
โข ๐ฅ Breakout zone: $121.24+
โข ๐ Upside watch: $122โ$124
โข ๐ก๏ธ Near support: $118โ$119
Trade smart โ confirmation matters more than chasing the candle. ๐
Remove unsupported market claims
Make the signal more concise
Clarify the conditional trade view
#EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework #AnthropicTargetsIPOAsSoonAsMidNovember #EtherGains70.9%InQ3
๐จ SOL SHORTS JUST GOT SQUEEZED! โก
๐ข #SOL Liquidated Short: $190K
๐ฐ Liquidation Price: $121.24
A $190K short position has been wiped out around $121.24 โ a notable sign that sellers are getting caught as SOL pushes higher. Current liquidation data also shows short liquidations slightly outweighing longs over the past 24 hours.
๐ Market Read:
SOL has been holding around the $118โ$120 zone, while the recent move toward $121+ puts short-side leverage under pressure.
๐ฅ My View:
If SOL can break and hold above $121.24, another short squeeze could develop, potentially opening the door toward $122โ$124.
โ ๏ธ If price rejects this area and slips back below $118โ$119, the bullish momentum could cool quickly.
๐ฏ Key Levels:
โข ๐ฅ Breakout zone: $121.24+
โข ๐ Upside watch: $122โ$124
โข ๐ก๏ธ Near support: $118โ$119
Trade smart โ confirmation matters more than chasing the candle. ๐
Remove unsupported market claims
Make the signal more concise
Clarify the conditional trade view
#EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework #AnthropicTargetsIPOAsSoonAsMidNovember #EtherGains70.9%InQ3