Solana – How THESE levels could define SOL’s next price move

Solana - How THESE levels could define SOL’s next price move

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Main meals

  • Solana broke out of a bullish style, where the long whales and traders were accumulated. Keys and weakness levels may make its next move about $ 184.82 or fluctuating less than $ 159.

Solana [SOL] She attracted the attention of the renewed whale, as Vladillina opened.

The trader deposited $ 4 million in Liquid [HYPE] And he went long with a 10x rave when entering $ 153.79 – less than the press time price of $ 157.70.

The high condemnation trade does not only reflect the investor optimism, but it also adds weight to the broader bullish narration that is formed around Sol.

With the stability of the liquidation at $ 106, this position involves strong belief in the upcoming continuation and provides fuel for a possible conversion.

Is Seoul out of the cup and dealing with the real deal?

At the time of writing this report, broken the Seoul over a cup handle and a handle well, traditionally seen as a continuing upward signal.

The neck line violates $ 155.76 paves the way for a possible climb towards the following resistance at $ 184.82. The smooth curvature of the cup and its low size during the handle is in line with the ups of the biological criteria for textbooks.

If buyers maintain pressure and follow -up, this pattern may represent the start of the main price step.

Therefore, merchants closely monitor this region, as confirmation may push new entries from the marginalized participants.

Source: TradingView

Derivatives derivatives offer the scale: Can long situations lead the next increase?

Binance derivative data indicates that 61.72 % of accounts are still long on Perpetuals Sol/USDT, compared to only 38.28 %, at the time of the press.

This deviation reflects confirmation confidence among the market participants.

While the long/short percentage sat at 1.61, such imbalances often lead to fluctuations where crowded trading becomes weak. Therefore, although feelings prefer bulls, any sharp decline can lead to a series of long qualifiers.

However, if the momentum continues, these long situations may be the fuel needed for a result to restore the previous levels.

Why is the volume of the bullish preparation for Solana not yet presented?

Despite the outbreak of Solana and the high long situations, the immediate size bubble map shows a decrease in trading activity.

This inconsistency between price movement and size raises doubts about the gathering power.

Strong wraps usually come with a large size, but the current scales indicate the frequency. This can be a short stop before the sound return – or an early mark on the fading of the buyer’s attention.

Merchants should monitor the high level of sound near the resistance levels to confirm the gathering momentum.

Will the liquidation sets make $ 153 and $ 159 dictating the Solana path in the short term?

The Heatmap map shows the Binance filter dense groups of about $ 153 and $ 159, which represents critical levels of benefits with benefiting.

A clean step exceeding $ 159 can start for a successive short filter, adding upward pressure. On the contrary, a decline in less than $ 153 may expel excess talls, which leads to the opposite of recent gains.

Therefore, Sol behavior around these sills can be determined its near direction. Looking at the collection of liquidity, these areas work as a basis for a battle where bulls and bears are actively tested.

Can construction to condemn the whale lead to a greater step?

The technical preparation of Solana, the high interest of the whale, and the bullish derivatives, all of which are placed towards the potential upward trend. However, it can create the size of the weak spot and the main liquidation levels of the disorder.

A continuous step above 159 dollars with a high size can achieve the health of the upscale thesis. Until then, the market may remain volatile and interacting around these areas with benefiting.

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