Solana remains below the $83.05 weekly open after losing its higher range, keeping the $61.14 support area in focus. The latest heatmap also shows high leverage longs have been cleared, leavi
Solana remains below the $83.05 weekly open after losing its higher range, keeping the $61.14 support area in focus. The latest heatmap also shows high leverage longs have been cleared, leaving SOL between downside risk and possible upside liquidity near $88 to $90.
Solana is trading below key weekly resistance as analyst BitDealer says SOL could move toward $60.
The weekly chart shared on X shows SOL below the weekly open near $83.05 after a sharp breakdown from the higher range. The price is also far below the yearly open near $124.44, which remains a major upside level.
Solana Weekly Chart. Source: BitDealer on X
The chart shows SOL losing the orange range that held during late 2024 and 2025. That breakdown pushed price into a lower consolidation area, where buyers have not yet reclaimed the former support zone.
The first major resistance now sits near the weekly open at $83.05. Above that, the monthly resistance near $99.76 would be the next level buyers need to recover.
BitDealer’s downside target points toward the weekly support near $61.14. That level sits below the current range and marks the next major support zone on the chart.
If SOL fails to reclaim the weekly open, the chart keeps the $60 area in focus. A move toward that zone would test whether buyers can defend the lower structure.
However, a break back above $83.05 would weaken the immediate downside setup. SOL would still need to clear $99.76 before the chart shows stronger recovery pressure.
Solana high leverage long positions built over the past month have been liquidated, according to a liquidation heatmap shared by CW on X.
The chart shows SOL falling from the upper $90 area toward the low $80 range. As price moved lower, the bright liquidity zones below the market were cleared.
Solana Liquidation Heatmap. Source: CW on X
The heatmap shows heavy leverage building during SOL’s earlier move higher in May. Those positions sat below the price as long liquidation zones.
After the decline, CW said all high leverage long positions formed over the past month had been liquidated. That means the recent move likely flushed out much of the leveraged long exposure.
The chart still shows stronger liquidity bands above price, especially near the $88 to $90 area. Larger zones also appear higher, around the mid and upper $90 range.
Those areas could act as upside liquidity targets if SOL rebounds. However, the chart does not show confirmation of a recovery yet.
For now, the heatmap shows a cleaner downside structure after long liquidations. The next move depends on whether buyers step in after the flush or sellers keep SOL near the lower range.
