🐻$ SOL SELLERS KEEP APPLYING PRESSURE — $101K IN LONGS LIQUIDATED!
Another setback for Solana bulls! A fresh $101,000 liquidation of long positions at $86.34 shows that leveraged buyers are still vulnerable. The battle between buyers and sellers is heating up, and the next price reaction could determine SOL's short-term direction.
📊 Liquidation Breakdown
- Coin: Solana (SOL)
- Position Liquidated: Long
- Liquidation Amount: $101,000
- Liquidation Price: $86.34
🎯 Key Levels to Monitor
- Resistance 1: $87.20
- Resistance 2: $88.00–$88.50
- Immediate Support: $85.80
- Major Support: $84.50
- Downside Target: $83.00
📉 SOL: My Trading Outlook
The short-term bias remains bearish while SOL struggles below $87.20.
🔻 Bearish Continuation: If $85.80 breaks decisively, sellers could push SOL toward $84.50 and potentially $83.00.
🟢 Recovery Scenario: A strong reclaim of $87.20 could attract buyers and open a recovery path toward $88.00–$88.50.
⚡ SIGNAL PROVIDER'S STRATEGY
My preference is to wait for confirmation rather than chase the liquidation move. A rejection near $87.20 could provide a bearish opportunity, while a sustained breakout above that level would require reassessing the short bias.
Watch $85.80 closely — this could be the next important battleground for Solana!
#SOL
#Solana
#SOLTrading
#AIChipSlumpNasdaq #BitcoinFiveWeeklyLosses
Another setback for Solana bulls! A fresh $101,000 liquidation of long positions at $86.34 shows that leveraged buyers are still vulnerable. The battle between buyers and sellers is heating up, and the next price reaction could determine SOL's short-term direction.
📊 Liquidation Breakdown
- Coin: Solana (SOL)
- Position Liquidated: Long
- Liquidation Amount: $101,000
- Liquidation Price: $86.34
🎯 Key Levels to Monitor
- Resistance 1: $87.20
- Resistance 2: $88.00–$88.50
- Immediate Support: $85.80
- Major Support: $84.50
- Downside Target: $83.00
📉 SOL: My Trading Outlook
The short-term bias remains bearish while SOL struggles below $87.20.
🔻 Bearish Continuation: If $85.80 breaks decisively, sellers could push SOL toward $84.50 and potentially $83.00.
🟢 Recovery Scenario: A strong reclaim of $87.20 could attract buyers and open a recovery path toward $88.00–$88.50.
⚡ SIGNAL PROVIDER'S STRATEGY
My preference is to wait for confirmation rather than chase the liquidation move. A rejection near $87.20 could provide a bearish opportunity, while a sustained breakout above that level would require reassessing the short bias.
Watch $85.80 closely — this could be the next important battleground for Solana!
#SOL
#Solana
#SOLTrading
#AIChipSlumpNasdaq #BitcoinFiveWeeklyLosses