SOL, after a sharp drop, is making efforts to recover lost ground. Analysis of both price charts and liquidation maps indicates that the market pressure has not been fully relieved. There is a major cluster of short positions accumulating between $84 and $87, while analysts point out that SOL needs to move above $106 to signal a strong renewed uptrend.
Liquidation maps reveal key risk zones
According to liquidation maps, SOL began rebounding towards $84 after the sudden plunge on April 30. Notably, a significant concentration of liquidity has developed between $84 and $87. This cluster suggests that, following recent long position liquidations, the market is now placing greater pressure on short positions in this area.
“Liquidation maps show the price points where leveraged positions are likely to be forcibly closed. The liquidity piling up between $84 and $87 means that, if the price heads in this direction, short positions could be unwound quickly.”
SOL first broke below $87 to clear liquidity at the $81 range, before rising again. The current price now moves within the crucial $80 to $90 band in the short term. There is heavy liquidity on the upside between $84 and $87, while support can be found at $80–81.
For buyers to push the price up into the upper cluster, they must maintain a favorable balance of power in the market. Otherwise, fading momentum risks pulling the price back down to support levels.
Chart analysis highlights major resistance at $106
Don, an analyst sharing his insights, notes that after retreating from its 2025 high, SOL is struggling to maintain its footing in the $80–90 zone. However, he emphasizes that true strength can only emerge if the $106.24 mark is decisively cleared.
“Unless SOL can convincingly break above $106, we won’t see a clear bullish trend in the charts. A close above $106 would indicate buyers have regained short-term control.”
While long-term charts point to a target north of $260, such levels remain far out of reach for now. The central focus is on the $106 resistance. Unless this threshold is broken, selling pressure could persist, and the price could revisit the $80 region.
Whether SOL will manage to hold its current support area and renew upward momentum will become clearer in the upcoming period.
