🚨$SOL LIQUIDATION ALERT😱
👉Over 4.08 Billion in short positions will be liquidated if Solana retest the $90 to $95 price levels.
👉 As we can see from the price action of Solana, price has been ranging between $76 and $90 without creating any significant structure.
👉Based on market structure, Solana is currently in a ranging market and we should be expecting a break of structure either to the upside which might lead us the $100 price level, or a break to the downside which might take us to the $60 price levels.
✅ My expectations for Solana at the moment, we should see price retest the $100 price level as this is a very significant price level at the moment.
❌NOTE; This is not financial advice is for educational purposes only so make sure to do your own research.
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