Solana Price Prediction: SOL Holds $90 Support as Liquidations, Futures Inflows, and Technical Structure Point to Potential Breakout

Solana price is starting to grab some attention here as multiple technical and market signals are beginning to align. According to Brave New Coin market data, Solana is currently trading around $91.35, reflecting a minor recovery as buyers continue defending the key $90 level. The recent price behavior suggests that the market may be entering a phase of recovery as buyers continue defending the key $90 level.

SOL Liquidations Surge as Price Approaches $94 Resistance

Recent derivatives data shared by SolanaFloor highlights a sharp increase in short liquidations as Solana approaches the $94 region.

Over $16 million worth of short positions were liquidated within the past 24 hours, with more than 3,100 traders liquidated globally. Liquidation events of this scale typically occur when prices move aggressively against leveraged positions, forcing traders to exit their positions and accelerating momentum.

Solana records $16M in short liquidations as price nears $94 resistance. Source: SolanaFloor via X

From a technical perspective, this surge in liquidations often reflects a short squeeze dynamic, where upward price pressure forces bearish traders out of the market. If buying momentum continues and SOL reclaims the $94–$96 resistance zone, the liquidation cascade could contribute to further upward price expansion.

Solana Technical Structure Shows Higher Lows

Market analyst gnarleyquinn points out that Solana has spent several weeks forming higher lows beneath the $92 resistance zone, suggesting that selling pressure may be gradually weakening.

The chart structure shows price compressing between a rising trendline support and horizontal resistance, forming a structure similar to an ascending triangle. In many cases, this pattern reflects a market where buyers steadily absorb supply while maintaining higher reaction lows.

Solana forms higher lows beneath $92 resistance, building an ascending triangle structure. Source: gnarleyquinn via X

The analyst notes that each rejection from resistance appears to remove additional sellers from the market. If this compression continues, a breakout above $92–$95 could trigger the next directional move as liquidity above resistance becomes accessible.

For now, maintaining support above $88–$90 remains important for preserving the bullish structure.

Futures Market Inflows Signal Growing Buying Pressure

Data suggests that buying pressure in Solana’s derivatives market has increased significantly. According to CW8900’s analysis, the current price advance is being supported by large inflows of funds into the futures market, a signal that traders are actively positioning for further upside momentum. The chart accompanying the analysis shows rising open interest and funding activity coinciding with the recent price move.

Futures inflows and rising open interest suggest traders are positioning for a potential SOL breakout above $95. Source: CW8900 via X

When futures inflows align with an improving price structure, the combination often indicates growing market conviction. However, derivatives-driven rallies can also introduce volatility, particularly if leverage becomes excessive.

For now, the steady rise in derivatives participation suggests that traders are increasingly positioning around the $90–$95 breakout region.

Range Structure Potentially Approaching Breakout

Another perspective comes from market analyst Bluntz, who highlights that Solana has spent several days consolidating inside a tight range around $80–$94 after its sharp corrective move. The chart shows price within this accumulation zone while repeatedly testing the upper boundary near $94-$95, suggesting that selling pressure at the range high may gradually be weakening as buyers continue building support underneath.

Solana consolidates between $80–$94, with repeated tests of $94–$95 hinting at a potential breakout. Source: Bluntz via X

A key technical factor in the chart is the presence of major moving average resistance levels above price, including the SMA 50 near $110, SMA 100 around $148, and SMA 200 near $173. If Solana can push above the $95–$100 range ceiling, momentum could shift towards testing the $110 SMA, which would likely act as the first significant confirmation level for a broader trend recovery.

Long-Term Price Scenarios Highlight Key Macro Targets

Analyst Celal Kucuker outlines several potential price scenarios for Solana depending on how the current market structure develops.

According to the projections:

• $65 and $145 represent key structural levels already tested in previous cycles.
• $110 could emerge as the next intermediate resistance if the current recovery continues.
• $50 remains a downside risk scenario if broader market weakness returns.
• In a longer-term bullish outcome, the analyst suggests Solana could potentially reach $360 by early 2027 if macro market conditions remain favorable.

While long-term projections remain speculative, they highlight how large-cap cryptocurrencies often follow extended accumulation phases before entering strong expansion cycles.

Long-term projections suggest SOL could target $110 next, with a broader bullish scenario reaching $360 by 2027. Source: Celal Kucuker via X

Final Thoughts: Bearish Downside or Bullish Outlook?

Solana is currently trading near $91.35, according to Brave New Coin data, while continuing to hold the $88–$90 support region following recent volatility. The short-term structure shows price consolidating after rebounding from intraday lows near $87.50, with the $94–$96 zone emerging as the immediate resistance area.

Solana price trades at $91.35, up 3.72% in the last 24 hours. Source: SOL price via Brave New Coin

From a technical perspective, maintaining stability above $90 remains critical for preserving the constructive structure. A sustained move above $95 could open Solana Price Prediction towards $100 and $110.

On the downside, losing the $88–$90 support band could shift focus back toward deeper support levels as the market reassesses its short-term direction.