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【$SOL Signal】Long - Healthy Reset After Liquidation Cleanup
$SOL Is cooling down after a volume-driven decline. Combined with open interest data, this looks more like a liquidation cleanup triggered by long squeezes rather than institutional selling.
🎯 Direction: Long (Long)
🎯 Entry: 117.5 - 119.5
🛑 Stop Loss: 114.0 (Rigid Stop Loss)
🚀 Target 1: 125.0
🚀 Target 2: 130.0
The decline of $SOL is accompanied by high trading volume, but the price shows signs of absorption above the key support zone (115-120). Changes in open interest suggest this is a leverage washout rather than structural selling pressure. On the lower time frame, selling pressure is exhausted, and buying begins to absorb panic selling. As long as support at 114 holds, the market structure remains intact, and the rebound will target liquidity gaps.
Trade here 👇 $SOL
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