Solana (SOL) is showing a solid recovery after the volatility of April. It's trading around $84.
There's a lot of attention on the expansion of USDC payments through Visa and Meta, which could boost SOL demand throughout May. If it breaks the resistance at $87, analysts see a potential run towards $97 by the end of the month.
To confirm a bullish trend, SOL needs to close above $84.50 and $85.50. The primary short-term target is to reclaim $87.
Although 2026 has been volatile (with an accumulated drop of 33% for SOL), the liquidation indicator shows that sellers are "suffering" more than buyers at these levels, which could trigger a short squeeze if the price breaks through current resistances.
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