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Solana traded near a decisive technical zone on Monday as analysts tracked a growing liquidity pocket above current price. The token changed hands at $84.59, down 0.62% over 24 hours. Weekly losses stand at 3.26%, while daily volume reached $3.7 billion. Despite the short-term pullback, several market watchers said positioning suggests a potential volatility spike if key levels break.
Liquidity Cluster Builds Above $90
TedPillows said $SOL holds a notable liquidity cluster between $90 and $105. He argued that many traders opened short positions after the recent breakdown. Consequently, those late shorts now sit vulnerable if price pushes higher.
$SOL recently defended the $78–$80 support band with strong buying interest. Hence, price reclaimed the $85 region and started grinding toward the $90 pivot. The heatmap shows concentrated liquidity in the $90–$105 range. That cluster signals heavy stop placement from short sellers.
If $SOL clears $90 with conviction, momentum could expand toward $95 and $100. Moreover, a firm Bitcoin move would likely intensify that squeeze. Market makers often target crowded positioning. A push toward $105 could occur before any deeper retracement unfolds.
Relative Strength Versus Ethereum
Crypto Bully noted that $SOL’s structure looks stronger than Ethereum’s. He observed that $SOL has rebounded nearly 30% from the $67 low. Therefore, he considers a full revisit of $67 less likely under current conditions.
However, that outlook depends on Bitcoin holding the $70,000–$75,000 support zone. If Bitcoin loses that range, downside risk increases across large-cap altcoins. On the 2-hour chart, $SOL now consolidates between $85 and $88. The $90 level remains the immediate barrier.
A clean break above $90 could open a relief move toward $95 and possibly $100. Additionally, the $80–$82 area now serves as near-term support. A failure there would expose $75 and potentially the prior sweep low at $67.
Key Pivot at $77 Remains in Focus
Source: X
Crypto Tony shifted attention to the $77 level. He said a controlled sweep of $77 could reset positioning this week. On the 4-hour chart, $SOL rebounded after flushing into the $67–$70 zone. Price then reclaimed $77, turning it into a central pivot.
Significantly, resistance stands at $90–$92, followed by $95. Short-term momentum cooled as price pulled back toward $84–$85. If bulls defend $76–$78, a renewed push toward $88 and $92 could follow. However, a decisive break below $76 would likely drag price back toward $70 and possibly $67.