🐋 WHALE PLACES $12M BET AGAINST $SOL
Entry: $90.00 🟢
Target: $80.00 🎯
Stop Loss: $147.85 🛑
A major whale has just deployed $4M USDC to open a 3x leveraged short on $SOL, making this a ~$12M bearish position. While 82% of traders remain long, smart money is clearly betting on downside. This imbalance could trigger heavy liquidations if price continues to slip.
From a technical perspective, $SOL is stuck in a clear downtrend. The rejection near $120 accelerated selling pressure, and current support around $90 is starting to weaken. RSI hovering near 23 shows strong bearish momentum with no real relief bounce yet.
If $90 fails, the next major level to watch is $80. Any trend reversal would only be confirmed above $147.85, which remains the invalidation zone for this setup.
This whale’s aggressive position reflects strong bearish conviction. Keep an eye on key levels and trade with the trend, not emotions.
⚠️ Not financial advice. Trade responsibly.
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