$SOL (Solana) Trade Signal:

We are seeing a significant short liquidation for SOL, indicating strong short-term bearish pressure. Traders can consider a short entry around $126.76. Target 1 is set at $124.50 and Target 2 at $121.80, providing layered profit-taking opportunities. Stop loss should be placed at $129.20 to manage risk effectively.

Pro Tips: Keep an eye on SOL’s volume spikes; strong liquidation activity could accelerate the move downward. Use a trailing stop once your first target is hit to capture additional momentum. Avoid overleveraging as SOL can be volatile during liquidation events.

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SOL

125.35

-1.36%