🧭 SOLANA LEVERAGE LANDSCAPE – PAST 7 DAYS
The latest Coinglass chart shows the distribution of unliquidated leveraged positions on SOL over the past week – highlighting price zones that could trigger major volatility if breached. Current price is marked at 🔺 $196.7.
📊 WHAT THE DATA SHOWS
🔹 Red line: Total open Longs – at risk if price drops
🔹 Blue line: Total open Shorts – at risk if price rises
🔹 Vertical bars: Represent leverage concentration by price (not already-liquidated positions)
👉 This is a leverage risk map, pointing to zones where the market may react violently if price moves into them.
🔥 KEY RISK ZONES
📍 $186 – $190: Heavy Long exposure. If price drops into this range, liquidation pressure could trigger aggressive selling.
📍 $199 – $203: Significant Short positions. If SOL breaks above this zone, a short squeeze could fuel a fast rally.
📍 Below $185: Long positions remain highly concentrated → deeper breakdown could worsen downside momentum.
📈 PRICE ACTION & MOMENTUM
🔻 Below $196.7: Large Long exposure remains → market is vulnerable to downside flushes
🔺 Above $196.7: Shorts become increasingly exposed → breakout could force liquidations and strong upside
💡 POTENTIAL SCENARIOS
➡️ Break above $200: Could trigger a short squeeze and rapid bullish move
➡️ Drop below $186: Could lead to Long liquidations and sharp selling pressure
⚠️ REMINDER
🔸 This is not a chart of past liquidations
🔸 It reflects still-open positions – useful for identifying potential “liquidation traps” on the chart
📍 Source: Coinglass – real-time data
