Short liquidations on $SOL signal trapped bears, forcing buybacks… which can push price higher before any rejection. This is where smart money hunts next.
Trade Setup (Scalp / Intraday):
Entry Point (EP): 91.5 – 92.5
Take Profit (TP): 94.0 / 96.2
Stop Loss (SL): 89.8
Play:
After this short squeeze, price may continue upside momentum to grab liquidity above 94+. Watch for rejection there either take profit or flip bias.
Insight:
$SOL holds above 92, bulls stay in control short-term. Lose that level, and this move turns into a fake squeeze.