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Crypto & Bitcoin

Solana Sweeps Downside Liquidity, Price Eyes $125

Reported by Samantha Diamo, DailyCoin

Image: DailyCoin

Solana is drawing fresh technical attention after two clean signals lined up over the weekend: a bounce from a well-watched micro support zone and a large pocket of short-side liquidity sitting overhead at $125. Downside liquidity swept, shorts stacked at $125 Trader ‘0xSweep’ highlighted that the price setup of Solana (SOL) has already taken out the remaining downside liquidity. With those lower levels cleared, the next visible concentration of liquidity sits on the short side around $125. In pure liquidity terms, that often creates a magnetic target.

This is an excerpt. The reporting belongs to DailyCoin.

Read the full report on dailycoin.com
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