The post Solana Price Prediction: Shorts Squeezed as SOL Pushes for $270 Breakout appeared on BitcoinEthereumNews.com.

Solana is testing the key $250 level after triggering major short liquidations, with traders watching closely for a breakout towards $270. Solana’s sharp defense of the $245 to $247 zone has sparked fresh optimism, with price now pressing against the $250 ceiling that has capped rallies for months. The breakout attempt has already forced millions in short liquidations, shifting momentum back in favor of bulls. Solana Price Prediction: Squeeze Setup in Play Solana is showing signs of strength despite sentiment leaning short, with open interest climbing while price continues to defend the $245 to $247 zone. The chart reflects how the market is pressing higher against resistance, while funding and positioning metrics suggest participants are skewed to the downside. This creates the conditions for a potential squeeze, where shorts could be forced to cover if the price continues upward. Solana holds firm near $247 with open interest climbing, setting the stage for a potential squeeze towards $270. Source: Ali Martinez via X Analyst Ali Martinez highlights $270 as the next target if this move unfolds. The structure supports his view, with higher lows intact. A confirmed push through $250 would likely accelerate the rally, turning the current resistance into support and setting up a stronger advance towards $270 in line with Ali’s outlook. SOL Short Liquidations Surge as Price Hits $250 SOL just hit the $250 mark for the first time since January, triggering a wave of liquidations worth roughly $37M across CEXes and DEXes, according to SolanaFloor. The move forced shorts out of position and marked a clean technical shift, with price now holding above a level that has capped upside attempts for months. The 24-hour gain of over 7% highlights the strength of this breakout, as momentum built steadily before flipping the key barrier. That said, the test…

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Filed under: News - @ September 20, 2025 4:26 am