$SOL saw a long liquidation near $88.58, indicating a downside sweep that flushed leveraged bullish positions and tested deeper support. Price is now sitting near the $86–$88 demand band, a region that historically attracts dip buyers. Holding above this zone opens rebound scenarios toward $92 and $96 where overhead liquidity sits. Long liquidations frequently reset momentum and allow cleaner upside if buyers return quickly. A decisive break below $86 would expose SOL to further downside toward $82 before stabilization. Current structure is fragile but positioned for a potential bounce. $SOL
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$SOL saw a long liquidation near $88.58, indicating a downside sweep that flushed leveraged bullish positions and tested deeper support. Price is now sitting near the $86–$88 demand band, a region that historically attracts dip buyers. Holding above this zone opens rebound scenarios toward $92 and $96 where overhead liquidity sits. Long liquidations frequently reset momentum and allow cleaner upside if buyers return quickly. A decisive break below $86 would expose SOL to further downside toward $82 before stabilization. Current structure is fragile but positioned for a potential bounce. $SOL