Solana Price Prediction: Strong Fundamentals and On-Chain Gaps Point Toward $220 Breakout
The post Solana Price Prediction: Strong Fundamentals and On-Chain Gaps Point Toward $220 Breakout appeared on BitcoinEthereumNews.com. The Solana price is pressing into the $190–$200 zone, supported by strong technicals, on-chain momentum, and a breakout setup targeting the $215 level. Solana price is starting to reclaim key levels with momentum and on-chain confirmation. Market participants now believe that SOL may be gearing up for a major move, particularly with the price approaching the $190 to $200 range. Solana Price Breaks Out with OBV Confirmation and Targets in Sight Solana price is kicking off the week with a clean breakout above its previous consolidation zone, backed by rising volume and strong OBV (On-Balance Volume) confirmation. The chart shared by Tang highlights a successful retest of the $180 to $185 region, which previously acted as resistance and now appears to be flipping into support. Technically, this breakout also clears the 0.236 Fib level from the previous macro downtrend, setting the stage for a potential trend continuation. Solana reclaims key support with rising OBV and volume, signaling a potential move toward $220 and beyond. Source: Tang via X The OBV line suggests that the recent price move is backed by actual inflows. With the 200-day moving average also trending beneath price, the path of least resistance remains upward. If momentum holds and buyers continue to defend this range, the next key zones to watch are $220 and $250, both of which align with historical resistance levels and Fibonacci pivots. Solana Liquidation Heatmap Flags Key Short Cluster Near $200 While Solana’s breakout has grabbed attention on traditional charts, the latest liquidation heatmap shared by CW8900 reveals where the real pressure might be building. According to the visual, a dense cluster of short liquidations is stacked between the $190 to $200 levels. Solana’s liquidation heatmap reveals heavy short interest between $190–$200, setting the stage for potential short squeezes. Source: CW8900 via X…
The post Solana Price Prediction: Strong Fundamentals and On-Chain Gaps Point Toward $220 Breakout appeared on BitcoinEthereumNews.com.
The Solana price is pressing into the $190–$200 zone, supported by strong technicals, on-chain momentum, and a breakout setup targeting the $215 level. Solana price is starting to reclaim key levels with momentum and on-chain confirmation. Market participants now believe that SOL may be gearing up for a major move, particularly with the price approaching the $190 to $200 range. Solana Price Breaks Out with OBV Confirmation and Targets in Sight Solana price is kicking off the week with a clean breakout above its previous consolidation zone, backed by rising volume and strong OBV (On-Balance Volume) confirmation. The chart shared by Tang highlights a successful retest of the $180 to $185 region, which previously acted as resistance and now appears to be flipping into support. Technically, this breakout also clears the 0.236 Fib level from the previous macro downtrend, setting the stage for a potential trend continuation. Solana reclaims key support with rising OBV and volume, signaling a potential move toward $220 and beyond. Source: Tang via X The OBV line suggests that the recent price move is backed by actual inflows. With the 200-day moving average also trending beneath price, the path of least resistance remains upward. If momentum holds and buyers continue to defend this range, the next key zones to watch are $220 and $250, both of which align with historical resistance levels and Fibonacci pivots. Solana Liquidation Heatmap Flags Key Short Cluster Near $200 While Solana’s breakout has grabbed attention on traditional charts, the latest liquidation heatmap shared by CW8900 reveals where the real pressure might be building. According to the visual, a dense cluster of short liquidations is stacked between the $190 to $200 levels. Solana’s liquidation heatmap reveals heavy short interest between $190–$200, setting the stage for potential short squeezes. Source: CW8900 via X…
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