SOL is trading below a major short liquidation cluster near $87, while a wider daily chart shows price still holding near its long-term support trendline. Together, the charts point to a key decision zone where short-term leverage pressure meets a larger breakout structure. SOL Price Faces $87 Short Liquidation Wall as Heatmap Shows Heavy Leverage Above Market SOL is trading near the $83 to $84 area, while the liquidation heatmap shows a major cluster of high leverage short positions near $87. The chart shared by CW shows that if SOL price rises to $87, many short positions could face liquidation. That level appears as one of the brightest zones on the heatmap, which means leverage concentration is high there. SOL Short Liquidation Heatmap. Source: CW A move toward that area could create short squeeze pressure. When shorts get liquidated, forced buy orders can add more upward pressure and push price faster through nearby levels. However, SOL has not reached that zone yet. Price is still moving sideways below the main liquidation band, with the current range sitting under the $84 to $85 area. The chart also shows heavy liquidity below price, especially near the $81 zone. That means both sides of the market have important levels. If SOL drops first, downside liquidity may attract price before any move toward $87. For now, the key level is clear. SOL bulls need to push price above $84 and then toward $87 to trigger the short liquidation zone. Until that happens, the chart shows SOL stuck below a major leverage cluster. SOL Chart Shows Same Long-Term Plan as Price Holds Near Support Trendline SOL remains inside a large long-term triangle structure on the 1-day SOL/USDT chart shared by ray. The chart shows SOL trading near the lower support trendline after a long correction from its previous cycle highs. That support line has been building since 2023 and now acts as the main level holding the wider structure together. SOL Long-Term Triangle Setup. Source: ray The upper trendline remains the main resistance. It slopes down from the 2025 high area and points toward the same compression zone where support and resistance meet. The chart marks $230 as a major upside target if SOL breaks above that resistance. A larger target near $460 also appears on the chart. However, that level depends on a much stronger breakout and a full continuation move above the triangle. For now, the setup shows consolidation near support. SOL needs to hold the lower trendline first, then push through the descending resistance line to confirm a stronger bullish structure. The chart also marks a sideways range lasting about 86 days, with volume around 267.24 million. That shows SOL has spent months building a base near the lower part of the pattern.
