Solana Price Prediction: Bulls Regain Control as Shorts Fade and Momentum Builds Towards $230
The post Solana Price Prediction: Bulls Regain Control as Shorts Fade and Momentum Builds Towards $230 appeared on BitcoinEthereumNews.com.
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…
Filed under: News - @ October 28, 2025 3:29 am