Solana Could See Breakout as Short Liquidations Rise, Resistance Near $245

Solana breakout momentum is driven by concentrated liquidity clusters and high‑leverage short liquidations that forced short covers, lifting SOL price from ~$220 support toward $245 resistance; heatmap data and rising 24h volume point to a possible break above $245 if sellers fail to defend that supply ￰0￱ price rebounded from $220 support due to short ￰1￱ cluster at $235–$245 is the key supply zone to watch. 24h volume near $7B and liquidity heatmap show fresh orders above current price, signaling breakout ￰2￱ breakout: SOL price jumps from $220 support as short liquidations push volume higher — watch $245 resistance for a confirmed ￰3￱ ￰4￱ is driving the Solana breakout?

Solana breakout is driven primarily by liquidations of high‑leverage short positions and shifts in limit order liquidity, which forced covering that pushed the SOL price up from ~$220 support into the $230 ￰5￱ clusters reveal sellers concentrated at $235–$245, creating the next critical ￰6￱ are liquidity heatmaps signaling the move? Heatmap order‑book charts show dense liquidity pockets near $220 (support) and $235–$240 (resistance). When many limit orders were removed, price moved through a low‑liquidity gap toward $230. New orders appearing above current levels indicate sellers preparing to defend higher ￰7￱ did short liquidations boost SOL price?

Short liquidations forced automated buy orders to close leveraged bets, creating sudden buying ￰8￱ shorts covered, trading volume spiked—classic liquidity hunting behavior—allowing SOL price to clear intraday resistance zones and test the $245 supply ￰9￱ Heatmap Reveals Critical Price Zones A recent heatmap order book chart combined with candlestick data gives a clear picture of Solana’s market dynamics from October 2 to ￰10￱ hovered between roughly $215 and $245 during this period.) on the ￰11￱ for sudden withdrawals of limit orders—these create low‑liquidity gaps for price to move ￰12￱ liquidation events and 24h volume spikes as confirmation of ￰13￱ Level / Value Implication Support $220 Strong buy clusters; first pullback target Immediate Resistance $235–$240 Dense sell orders; short‑term choke point Supply Wall $245 Key breakout confirmation level 24h Volume ~$7B Elevated liquidity supporting move Frequently Asked Questions Is this Solana breakout sustainable?

The breakout is sustainable only if SOL clears and holds above $245 on increased volume; otherwise, sellers clustered in that supply zone could push price back toward $220 ￰14￱ do liquidations affect SOL price? Liquidations force position closures that create rapid buy pressure when shorts are squeezed, often producing sharp, short‑term price moves and changes in liquidity ￰15￱ can I find the heatmap used in the analysis? The heatmap referenced was a market order‑book visualization shared publicly () and used here for interpretation; no external links are provided in this ￰16￱ Takeaways Short liquidations boosted momentum : Forced short covers drove buying into $230 ￰17￱ levels matter : $220 support and $245 supply wall will dictate next directional ￰18￱ volume and heatmap clusters : Confirmation requires a close above $245 on elevated ￰19￱ This analysis finds that the current Solana breakout is the product of short liquidations and shifting limit order liquidity, with SOL price testing a decisive $245 supply ￰20￱ should monitor heatmap clusters, liquidation flows, and 24h volume for confirmation before assuming sustained ￰21￱ will continue tracking developments and updating this analysis. , "description": "Solana breakout driven by short liquidations and liquidity shifts; SOL price testing $245 resistance with elevated volume near $7B."