The Solana breakout is supported by SOL holding $200 support, $35.55 million in exchange outflows and a 72.9% long skew on Binance, indicating accumulation and upside potential toward $260–$300 while liquidity clusters at $205–$215 increase near-term volatility 0 held $200 support amid $35.55M net outflows — accumulation 1 positioning shows 72.91% longs, amplifying upside bias but raising liquidation 2 clusters at $205–$215 create volatility hotspots; targets: $260 and $300 if $200 3 breakout: SOL holds $200 support as $35.55M exits exchanges; learn key levels, liquidation risks and next targets — read the full analysis on 4 is supporting the Solana breakout?
Solana breakout momentum is supported by SOL defending the $200 trendline, exchange netflows showing -$35.55 million (withdrawals) and bullish market positioning with 72.91% longs on 5 factors reduce immediate sell pressure and favor a consolidation that could precede moves to $260–$300. How strong is on‑chain and exchange data for this move? Exchange Netflows recorded -$35.55 million, indicating holders withdrew tokens from spot venues (). TradingView chart patterns show SOL rebounded around $200, forming a wedge-based consolidation.
Short-term strength is measurable, but demand must match tightened supply for sustained gains. , "mainEntityOfPage": Why could volatility strike around $205–$215? Liquidation Heatmap analysis identified concentrated liquidity clusters at $205 and $215 (). These zones often act as magnets where leveraged positions are triggered, producing rapid directional moves. A breach of these clusters could accelerate both downside liquidations and upside 6 within the wedge structure view $260 and $300 as key upside objectives.
Conversely, failure to hold the $200 support could expose SOL to a test of $190, increasing selling pressure.).).
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