
Solana price is walking a tightrope and below it sits a pile of liquidation fuel waiting to be lit. What looks like a simple rejection on the daily chart is actually a layered fight between short-term bears and overleveraged bulls, and right now, Solana price is stuck right in the middle of it.
Solana price just fell under the 50-day EMA, and it didn’t shrug it off either. The latest daily candle turned red, signaling that sellers aren’t just present they’re active.
Now here’s where it gets interesting. On the 1-day liquidation map, there’s roughly $99.73 million in cumulative short liquidation leverage stacked above price. That’s a crowded short trade. Normally, that kind of imbalance creates a magnet upward markets love punishing consensus.
But that’s not what’s happening… at least not yet. Instead, the price is slipping, suggesting that in the immediate term, the path of least resistance is still downward. In other words, bears are controlling the short-term narrative despite the temptation of a short squeeze.
Well, the 7-day data flips the entire story as that turns suddenly the market dangerously long. There’s a massive $319.59 million in cumulative long liquidation leverage sitting below current price, compared to just $150.63 million in shorts.
That’s not just an imbalance but clearly it’s a setup. Because, if Solana price starts breaking key supports, those long positions become liabilities. And when they unwind, they don’t do it quietly. Forced selling kicks in, accelerating downside momentum in what traders call a long squeeze.
Translation? The real liquidity target might not be above perhaps it’s below.
So, It all comes down to a pretty simple line on the chart to a short-term ascending trendline. Solana price is currently sitting right on it, and the reaction here will likely dictate the next move.
If this trendline and the nearby $85 Solana price support fails to hold, the probability of cascading liquidations increases significantly. That opens the door to a deeper correction, with price potentially targeting the $75–$80 support zone where that liquidity pool sits.
But let’s not get ahead of ourselves. There’s still a wildcard in play. That heavy cluster of short liquidations above means a sudden bounce could trigger a quick relief rally toward the $90–$95 region. It wouldn’t be sustainable on its own, but it could happen fast.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Ethereum price has been one of the stronger performers among the top 10, holding above…
It’s not every day a “dead” token wakes up and decides to go vertical but…
Crypto investigator ZachXBT has raised serious concerns about manipulation in the RAVE token. He said…
One of crypto's most trusted on-chain investigators just called out a textbook pump and dump,…
TRON is holding a bullish structure after confirming a breakout above its descending resistance, with…
XRP price is down 1.09% over the past 24 hours, trading near $1.43 and lagging…