SOL rebounded toward $84 after its sharp drop on April 30, but the short-term setup remains under pressure. Liquidation maps show a notable liquidity cluster between $84 and $87, suggesting that after recent long liquidations, stress in this zone has shifted more heavily toward short positions.
$84 to $87 emerges as the main short-term liquidation zone
According to the liquidation data, leveraged positions are most vulnerable in the $84-$87 range. The article notes that if price pushes into this area, short positions could be unwound quickly, adding to short-term volatility. SOL had first broken below $87 to clear liquidity around $81, then turned higher again.
For now, SOL is still moving inside the critical $80 to $90 band. Liquidity remains heavy on the upside between $84 and $87, while support is identified at $80-$81. Buyers need to keep control long enough to lift price into the upper cluster. If momentum fades, the move could slip back toward support.
Analyst points to $106.24 as the level that matters most
Analyst Don said SOL has struggled to hold its footing in the $80-$90 area after retreating from its 2025 high. In his view, the chart cannot be treated as clearly bullish unless price breaks through $106.24 in a decisive way.
He argues that a convincing move above $106 is needed before a clear bullish trend can be confirmed on the chart. A close above that level would suggest buyers have regained short-term control. By comparison, long-term charts may still indicate a target above $260, but that remains distant for now, leaving the market focused on whether resistance at $106 can be cleared.
Failure at $106 keeps the $80 area in play
Until that resistance is broken, selling pressure may continue. The original analysis says that if SOL cannot clear this threshold, price could revisit the $80 region. The near-term question is straightforward: whether SOL can hold current support and rebuild upward momentum from here.