Solana price is regaining bullish momentum as short positions vanish and price strength builds above key support, signaling potential continuation towards higher resistance levels.
Solana’s bulls are back in action, driving renewed optimism across the market. The token’s steady climb from $190 to $205 has erased much of the earlier fear, leaving short sellers with little room to maneuver.
Solana Bulls Gain Control as Shorts Vanish
Market data shows that short positions on Solana have dropped sharply, with liquidation heatmaps revealing a clear absence of sell-side pressure. The steady climb from the $190 to $205 range highlights that bears are running out of room, while liquidity continues to concentrate higher. CW8900’s observation confirms that shorts are nearly exhausted, giving buyers the upper hand in maintaining upward pressure.
Solana’s steady climb from $190 to $205 highlights growing bullish dominance as shorts rapidly vanish. Source: CW8900 via X
This pattern often marks the transition towards a sustained bullish phase. With open interest leaning long and volume spikes accompanying each breakout, Solana’s current positioning suggests that the path of least resistance is now upward. Any pullback into the $198 to $200 support zone may simply serve as a springboard for renewed buying momentum.
Ichimoku Cloud Supports $230 Target
The latest 4-hour chart indicates Solana price breaking above its Ichimoku Cloud, a strong technical signal that often precedes trend continuation. Price is now holding firmly above both the conversion and base lines, suggesting clear bullish dominance. The cloud’s leading span is widening upward, a textbook confirmation of positive market structure.
Solana breaks above the Ichimoku Cloud, signaling renewed bullish strength with eyes set on the $230 target. Source: AliseeisW via X
As AliseeisW highlighted, the next resistance stands around $230, aligning with prior swing highs. If price maintains this breakout and continues closing above $198 to $200, it would validate the bullish signal and likely extend towards $230 to $238 in the short term.
Solana Price Prediction: Macro Structure Points Higher
TraderSZ’s long-term Solana outlook remains unchanged, still firmly bullish. The weekly structure reveals consistent higher lows since early 2023, with the price currently rebounding from a key rising trendline. The chart identifies major resistance levels at $300, $390, and $520, suggesting a steady stair-step progression if momentum persists.
Solana’s long-term trend structure mirrors its 2021 accumulation phase, hinting at a potential run toward $300–$390. Source: TraderSZ via X
This long-term pattern resembles Solana’s 2021 accumulation phase, where breakouts led to exponential follow-through. As long as price remains above the $180 to $190 zone, macro bias stays bullish. The next expansion wave could be targeting the $300 to $390 range before any significant corrective phase.
Solana Short-Term Resistance Levels
Following a clean track-line test, Solana’s structure now looks increasingly constructive. ShardiB2’s chart shows price reclaiming the 50-day and 200-day moving averages with strength, confirming renewed bullish intent. RSI momentum sits in the mid-60s, hinting that room still exists for another upward leg before overbought conditions emerge.
Solana reclaims key moving averages, with momentum building toward short-term resistance at $216 and $227. Source: ShardiB2 via X
Immediate resistance is seen around $216 and $227, which mark the next major upside checkpoints. A daily close above $205 would confirm continuation, setting the stage for a run toward those targets. For now, Solana’s trend remains clearly bullish, with higher lows and strong demand supporting each move higher.
Final Thoughts: Solana’s Market Momentum
Across multiple timeframes, Solana’s outlook continues to strengthen. The fading short positions, breakout above the Ichimoku Cloud, and clear macro uptrend all align toward a consistent bullish narrative.
For short-term participants, maintaining the $198 to $200 support is crucial, while mid-term participants may eye towards $230 to $250 as likely continuation zones. If macro momentum continues, Solana could retest $300–$390 before year-end, confirming its leadership among high-cap altcoins.