Solana, under the pressure of the dual peak formation identified by technical analysts in a four -hour graph; The release of the price in the $ 161-173 band increases the likelihood of withdrawing up to $ 145 in the short term. Long position liquidation exceeding $ 30 million in the same tranche strengthens the sales wave and reduces the risk appetite of investors. As the open position volume climbs to the summit of the four months, the intensity of leveraged operations and increasing stop-Loss triggers sharpened price volatility. Market participants say that low -volume purchasing responses are difficult to ease the pressure and that possible decline can trigger chain sales.
Binary Tepe Formation signal in Solana fuels sales pressure
The dual peak formation is composed of twice the price of the same resistance point, and a strong return signal is considered by most technical interpreters. This structure, which is seen in the Solana graph, clearly demonstrates that the level of $ 173 cannot be exceeded permanently. In case of breakage of $ 161, which is seen as the neckline of the formation, the acceleration with algorithmic sales orders will accelerate up to 145 dollars. In a short time, deepening retreats trigger the profit realization in the spot market and the leveraged position closes simultaneously.
This technical appearance may mean painful losses for investors who are at risk management. Analysts emphasize that the next strong support is located in the range of $ 132-135 if the double hill target is completed. In particular, the trendy funds may turn to sales -oriented strategies when they receive formation confirmation; This can deepen the withdrawal of volume and re -withdrawal by feeding volatility. On the other hand, it is stated that the price should be settled on $ 173 and $ 185 in order to be considered sustainable.
Liquidation data brings fading volatility to the new summit
Coings data shows not only the $ 30 million liquidation in the first wave, but also the harsh rise in an open position volume. The increase in leverage ratios creates a fragile ground in which even small price movements trigger chain liquations. During the hours when the liquidation traffic is intensified, the examination of the order book is swinging the price between sharp jumps and harsh decreases; This makes it difficult for the retail investor to decide.
Market experts point out that the “high open position + low liquidity” duo can trigger unexpected retreats even during the bull run. On the other hand, some traders argue that short -term recovery after the aggressive sales wave offers fast profit opportunities. Nevertheless, the general trend is combined that opening a new long position without testing $ 145 is a gambling. In the coming days, the return of funding rates in the derivative exchanges to negative can keep sales pressure alive; Ruins that return to the positive can open the door to short -term jumping.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
