$SOL has just liquidated $8.3248K in short liquidations at 86.69 and that type of compression generally signals trapped bears fueling the upward momentum. When shorts are forced to exit near a breakout zone, the price does not deviate — it expands. The 85–87 region becomes resistance turned launchpad if buyers maintain pressure on liquidity above.
Immediate resistance now sits around 89.50, with a stronger supply wall near 92.80. A clean break above 92.80 could accelerate momentum toward the psychological zone of 98–100. At the bottom, the first support is found at 83.40, while the main structural base is near 79.80. Staying above 80 keeps the bulls in control of the broader structure.
EP: Profit Taking Entry around 84.50–86.00 on controlled pullbacks while the structure holds
TP: Take Profit at 89.50, 92.80, and extended target near 98.00
SL: Stop Loss below 79.50 to protect against a deeper break.
In the short term, momentum favors continuation as liquidation-driven volatility injects fuel to the upside. In the long term, as higher lows continue to form above 80,
$SOL maintains a constructive bullish structure with potential to recover three-digit figures if macro sentiment aligns.
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