#SOL# ⚠️✅✅✅
📉 SOL Coin Price Drop – Quick Analysis:
✅ In the last 24 hours, SOL has dropped approximately 2.8%. The decline is mainly due to the following reasons:
🔻 Key Reasons for the Price Drop:
1. 🐋 Whale Short Position:
A large trader (whale) opened a high-leverage short on 44,444 SOL (~$17M), which triggered panic selling across the market.
2. 💥 Market Liquidation:
As a result, over $40M worth of SOL long positions were liquidated, causing forced selling and additional price pressure.
3. 📉 Technical Breakdown:
SOL failed to hold the $175 Fibonacci support level, a key technical indi