I was tracking $SOL as downside pressure built with late longs leaning into a weakening structure, and this long liquidation confirms that pressure released downward. That move wasn’t panic — it was excess leverage getting flushed as structure enforced itself. After the sweep, price failed to reclaim broken support, keeping sellers in control. This is why liquidation should be treated as fuel, not fear.
EP: 109.5 – 108.9
TP: 107.0 → 104.8 → 102.5
SL: 110.8
Condition: SOL must stay below 109.5 to maintain bearish structure.
Confirmation: For confirmation, wait for rejection below 107.0.
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