$SOL just recorded an $83.6K long liquidation at $83.64, highlighting strong downside pressure and forced selling around this level. The key is whether price can stay below the liquidation zone and continue forming lower highs.
📍 EP: $83.50 – $83.90
🎯 TP1: $82.40
🎯 TP2: $81.20
🎯 TP3: $79.80
🛑 SL: $85.20
If $SOL rejects the entry area, sellers may attempt another push lower. Do not enter blindly after a large candle; wait for confirmation around the entry zone. A sustained move above $85.20 would weaken this setup significantly.
🔥 $SOL is showing bearish pressure — watch the next move closely!
