$SOL Solana is showing strong long liquidation pressure, indicating that overleveraged buyers are being flushed out near this level. This often creates short-term fear but can also reset the market for a cleaner recovery move. If price holds above the current support zone and forms a higher low structure, a potential entry setup may develop for a rebound. However, confirmation is required through volume increase and bullish candle reaction before considering any position.
Market remains volatile, so patience and confirmation are critical.