Solana Price Prediction: SOL Eyes $96 After Bullish SuperTrend Signal
SOL price today
Solana (SOL) is trading near $78.23, up 0.71% on the day. The token has moved between $76.44 and $78.79 over the past 24 hours, based on live market data.
Trading volume sits at $4.57 million on the green side of the order book and $7.11 million on the red side, showing active two-way flow.
Let’s discuss the Solana price prediction.
Is Solana bullish right now?
According to a recent post from analyst Ali Charts, Solana has flipped into a bullish technical setup. The ATR trailing stop dropped below price. That is the first SuperTrend buy signal since October 10.
This kind of signal often draws attention from traders watching momentum shifts. It does not guarantee a rally. But it does mark a shift in short-term trend direction.
If buying pressure keeps building, the analysis points to $96 as a first target. A stronger move could stretch toward $121. Neither number is promised. Markets can reverse fast, especially in crypto.
What is the key support level for SOL?
The $60 mark is being flagged as the level that matters most right now. A break below $60 would likely cancel out the bullish case entirely.
Traders watching Solana price prediction setups tend to treat levels like this as a line in the sand. Above it, the bullish structure holds. Below it, the setup weakens.
Solana derivatives data: what the numbers show
Metric | Value |
Current Price | $78.44 |
24h Change | +4.24% ($3.19) |
Futures Volume (24h) | $6.89B |
Spot Volume (24h) | $508.60M |
Market Cap | $45.59B |
Open Interest | $4.93B |
Circulating Supply | 582.41M SOL |
Total Supply | 630.35M SOL |
Open interest is up 0.58%, while futures volume climbed 15.09%. That points to more active trading, not just quiet accumulation.
Long vs short positioning
The long/short ratio over the past 24 hours sits at 1.0362, close to balanced. But on individual exchanges, the picture leans more bullish.
Exchange | Long/Short Ratio (Accounts) |
Binance | 2.2862 |
OKX | 2.37 |
Binance (Top Traders) | 2.6036 |
Top traders on Binance are holding more long positions than short ones by a wide margin. This does not always predict price direction, but it does show where sentiment currently sits among active traders.
Liquidation data around current price
Recent liquidation totals show real money moving in both directions.
Timeframe | Long Liquidations | Short Liquidations |
1 hour | $1.34M | $777.71 |
4 hour | $1.81M | $9.42K |
12 hour | $2.73M | $401.49K |
24 hour | $7.75M | $921.38K |
Long positions have taken the bigger hit over the past day. That lines up with the recent pullback in price before the bullish signal appeared.
Where are the liquidation clusters?
The SOL exchange liquidation map shows heavy long liquidation pressure built up between $69.80 and $77.80. Much of that has already been worked through, based on the current price sitting right at the edge of that zone.
On the upside, short liquidation clusters start forming above $78.50 and continue building toward $86.50. If price pushes higher, those short positions could add fuel to the move.
What could happen next for Solana?
Solana price forecast models built on this data suggest a cautiously bullish near-term picture. The SuperTrend flip is a real signal, not noise. But $60 remains the level that would flip the story back to bearish.
For now, SOL holding above the mid-$70s keeps the door open for a test of $96. Traders will likely watch volume and open interest closely over the coming days for confirmation.
Disclaimer
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and unpredictable. Prices mentioned are based on data available at the time of writing and may change rapidly. Always do your own research and consult a licensed financial advisor before making any investment decisions.
