$SOL Long Liquidation: $2.4527K at $124.44
Long traders on $SOL were forced to exit as price broke below key support, triggering stop losses and accelerating the downside move. Buyers failed to defend the level, allowing sellers to take control in the short term.
Liquidation Type: Long
Liquidated Amount: $2.4527K
Liquidation Price: $124.44
EP: $124.20
TP: $121.80 → $118.50
SL: $126.20
Market Outlook:
This long liquidation signals weakness above the $124 area and confirms sellers gaining momentum. As long as price remains below the liquidation zone, downside pressure can continue toward lower supports. Any bounce into resistance may be sold unless strong buying volume reappears.
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