SOL dropped below the $200 level, triggering the liquidation of high-leverage long positions. After that, the price bounced back, allowing long positions to achieve over a 16% profit from the entry point. In the coming days, we might see a move towards the $250 resistance level. It’s advisable to hold the long position with a stop loss set at breakeven.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
SOL dropped below the $200 level, triggering the liquidation of high-leverage long positions. After that, the price bounced back, allowing long positions to achieve over a 16% profit from the entry point. In the coming days, we might see a move towards the $250 resistance level. It’s advisable to hold the long position with a stop loss set at breakeven.
#Gatefunmemecontestcoming