$SOL has experienced a Long Liquidation of $10.172K at $87.88, forcing leveraged traders out of their positions. This significant liquidation highlights ongoing volatility in the Solana market, where rapid price swings can trigger stop-losses and cascading liquidations.

Traders should closely monitor key support and resistance levels, as these zones can determine the next price move. Observing volume spikes and order book activity can help anticipate potential reversals or continuation patterns.

In fast-moving markets like SOL, risk management is critical. Protect your capital with stop-losses, position sizing, and careful monitoring of market sentiment. Stay alert and trade responsibly!

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SOL

86

-2.88%