📊 SOL: Pressure Is Building — A Break Above 165 Could Trigger a Rally
SOL is currently trading around $161.5, positioned in a transitional zone: Longs have been flushed out below, while Shorts are beginning to stack up above. The liquidation map reveals growing tension that could soon erupt into a directional move.
📉 Longs are wiped out — little support below
Between $140 and $160, the Long liquidation curve (in red) declines steadily, showing that most leveraged buyers have already been liquidated. This leaves the lower region nearly empty of support — if price drops below $160, it could fall quickly without much buyer reaction.
📈 Shorts are building up — squeeze potential rising
Above the current level, from $163 to $178, a significant number of Short positions have accumulated — especially between $167 and $173, where dense liquidation clusters are visible. The cumulative Short liquidation curve (in green) is climbing, indicating rising bearish exposure.
If SOL breaks above $165, it may trigger a Short Squeeze, forcing sellers to buy back quickly — potentially pushing price toward $172–175 in a fast move.
📌 Summary: SOL is leaning bullish if it breaks above 165
– Below 160, there's little technical support — downside may accelerate.
– Above 165, there’s a large pocket of Short risk — ripe for a squeeze.
– A clean breakout could drive price to $172–175 with strong momentum.
🚨 Suggested Strategy:
Watch the $165 level closely. A confirmed breakout opens up Long opportunities toward 172+. But if the price slips below $160, it’s safer to stay out — the downside could be sharp and unsupported.
