$SOL is currently trading around the $135–$140 zone, but multiple signals suggest a deeper pullback is possible. 🔻 Technical Structure On the daily timeframe, price is failing to hold above key resistance near $145–$150. Previous strong support sits around $120, and below that, the next high-liquidity demand zone is $95–$90. The current move looks like a dead-cat bounce after a larger downtrend. 🐋 Whale Data Tells the Story A large number of short-position whales are currently in loss around the $136 average entry. If price fails to move higher, whales may defend their shorts, increasing sell pressure. Once downside momentum starts, long liquidations can accelerate the drop. 📉 Momentum & Liquidity Volume is declining while price is near resistance a classic distribution sign. Market makers often push price down to maximum pain zones, and $90 is a major liquidity target. 🎯 Conclusion As long as $SOL stays below key resistance, a move toward $90 is not impossible. The market doesn’t move on hope it moves on liquidity.
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Why $SOL can drop to $90 📉
$SOL is currently trading around the $135–$140 zone, but multiple signals suggest a deeper pullback is possible.
🔻 Technical Structure
On the daily timeframe, price is failing to hold above key resistance near $145–$150.
Previous strong support sits around $120, and below that, the next high-liquidity demand zone is $95–$90.
The current move looks like a dead-cat bounce after a larger downtrend.
🐋 Whale Data Tells the Story
A large number of short-position whales are currently in loss around the $136 average entry.
If price fails to move higher, whales may defend their shorts, increasing sell pressure.
Once downside momentum starts, long liquidations can accelerate the drop.
📉 Momentum & Liquidity
Volume is declining while price is near resistance a classic distribution sign.
Market makers often push price down to maximum pain zones, and $90 is a major liquidity target.
🎯 Conclusion
As long as $SOL stays below key resistance, a move toward $90 is not impossible.
The market doesn’t move on hope it moves on liquidity.