Solana Liquidation Pressure Builds as SOL Tests $92

Approximately $60 million in long liquidations sits below SOL, compared with $16 million in potential short liquidations above spot. Large positions remain 88% long, while smaller accounts show 59% bullish exposure, according to Market Sniper Pro's figures. The RSI from SOL is below 27.57, and the MACD indicator is on a negative trend, further confirming the downward momentum. The liquidation pressure at Solana is mounting with leveraged positioning, declining momentum and focused downside risk keeping the market on its toes. Large Traders Maintain Bullish Positions Despite Growing Downside Exposure Market Sniper Pro has drawn attention to an unusual positioning imbalance.

Source: Crypto Front News