- SOL wiped out all high-leverage long and short positions, clearing short-term directional pressure from the chart.
- Liquidity bands between $130 and $140 controlled most intraday reactions, creating repeated swings through dense order zones.
- The strongest moves occurred when price entered lighter liquidity pockets, which allowed faster advances and declines across the chart.
Solana faced a notable shift in market behavior after both high-leverage long and short positions were wiped out, leaving traders to reassess current price dynamics across the broader structure. The chart shows repeated liquidation clusters around key intraday levels, and these zones shaped the latest move as price moved through several dense liquidity pockets.
This created sharp reactions across the 12-hour sequence, which defined how SOL navigated each layer of volume in the displayed heatmap. The liquidations removed short-term directional pressure and created a cleaner chart that traders monitored through the recent declines and rebounds. This development set the stage for further analysis of how the market processed the remaining liquidity zones in the chart.
SOL Faces Resistance at $140 as Liquidations Drive Sharp Drop
The heatmap displayed heavy bands above $140, where significant orders concentrated throughout the observed period. These areas repeatedly absorbed price moves and created quick reversals toward the mid-range. The section near $135 also held consistent liquidity, and price reacted each time it approached this region. However, the sharp drop near $130 emerged after long and short liquidations removed near-term leverage. This created a direct slide into lower liquidity pockets, which accelerated the move.
SOL Navigates Key Liquidity Zones as Price Stabilizes Between $130–$140
Price movements turned more abrupt after the liquidations cleared out high-risk positions. The chart captured a strong push toward $145, followed by a fast reversal into $135 as the market rotated through dense volume. Notably, the large green candles near December 9 formed once price entered a lighter liquidity area, which allowed a quicker advance. However, the move stalled once it encountered thick activity bands overhead. These reactions highlighted how liquidity dictated every short-term change.
SOL now trades near $130 after the final downward move in the sequence. This level aligns with a broad liquidity shelf visible across the heatmap. Each approach into this region produced steady but limited responses, which kept price contained as trading progressed. The range between $130 and $140 now stands out as the clearest structure after leverage removal, and it continues to shape the ongoing market behavior shown in the chart.
