Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
SOL Trades Near Resistance While Heatmap Highlights Major $145 Liquidation Band

SOL Trades Near Resistance While Heatmap Highlights Major $145 Liquidation Band

CryptonewslandCryptonewsland2025/11/28 23:18
By:by Vee Peninah
  • Large short-liquidation levels sit at $145, creating a major point of interest as Solana trades just below resistance at $142.92.
  • Support remains positioned at $138.77, helping define the lower boundary of the current tight trading range.
  • Heatmap data shows concentrated liquidity near the upper band, indicating where market activity has intensified over recent sessions.

Solana traded near a key price area on Thursday as liquidity data pointed to concentrated short-side exposure above current levels. The asset moved at $141.75, marking a 0.6% decline in the past 24 hours, while the 24-hour range held between recent intraday swings . Market data showed that a large cluster of short liquidations sits near $145, creating a focal point for traders watching the next notable price test. 

This level also aligns with visible order activity on the heatmap, which showed intensified interest around that upper band throughout the week. The proximity of this cluster has drawn attention because price now sits only a few dollars below that threshold, adding context to short-term positioning. These elements shaped the broader picture around Solana as participants tracked how the market handled both support and resistance levels across the current range.

Rising Liquidity Pressure Near the Upper Band

The heatmap displayed heavier concentration at the top of the chart, and this region remained active as the price approached $142.92, the nearest resistance level. This concentration helped define the upper boundary of the present range, and it also showed where sellers placed notable interest. 

However, the lower part of the chart revealed spaced-out pockets of lighter activity, which aligned with the nearest support at $138.77. This support level helped anchor the lower structure of the short-term chart, and it provided a reference point for the recent pullback. The transition between these zones highlighted the boundaries that shaped current trading conditions.

As the price worked between these limits, analysts observed the positioning impact created by the liquidation band near $145. That area showed heightened liquidation volume for short contracts, and this remained visible across the displayed data. This volume increased the relevance of that level as the next point of interest when tracking market reactions. The heatmap’s brighter tones around that region reinforced the concentration, and this supported the narrative that the upper price zone continued to gather attention.

If $SOL reaches $145, large amount of short positions are liquidated. pic.twitter.com/Mdew0FdBLN

— CW (@CW8900) November 28, 2025

Price movements throughout the week remained controlled as Solana oscillated within the established zone. The candles displayed repeated interactions with the mid-range, and this steadiness matched the restricted trading window. The connection between the intraday structure and the broader liquidation data created a clearer picture of market behavior, and traders used these elements together when evaluating immediate conditions. 

Monitoring Short-Term Structural Markers

With the asset trading 0.3% higher relative to 0.001550 BTC, cross-pair activity also offered an additional reference. This metric stayed stable and helped reinforce the narrow trading behavior. The chart’s liquidity distribution continued to guide intraday assessments, and it remained central to short-term tracking as the market watched the development around the $145 liquidation cluster.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Shiba Inu’s AI-Powered Bet: Evolving from Meme Status to a Leading Blockchain Solution

- Shiba Inu (SHIB) partners with TokenPlay AI to launch a Shiba-themed miniapp, pivoting to AI-driven utility and gaming to boost on-chain activity and holder engagement. - The initiative drives SHIB’s 4% price rise to $0.0000087, supported by infrastructure upgrades like Shibarium and Coinbase Derivatives’ upcoming SHIB futures listing on December 5. - Global crypto regulations tighten, with the UK’s CARF framework requiring transaction reporting from 2026, potentially impacting SHIB’s user behavior and i

Bitget-RWA2025/11/29 21:26
Shiba Inu’s AI-Powered Bet: Evolving from Meme Status to a Leading Blockchain Solution

Zcash News Today: Zcash’s Privacy ETF Explores U.S. Regulatory Landscape

- Grayscale seeks SEC approval for Zcash ETF (ZCSH), potentially making ZEC the first privacy-focused crypto on a U.S. regulated exchange. - Zcash surged 1,000% in 2025 amid institutional interest, but faces regulatory scrutiny over its shielded transaction technology. - The ETF would mirror Grayscale's Bitcoin/Ethereum models, with a 2.5% fee and in-kind mechanics, though liquidity risks and price volatility persist. - Approval could normalize institutional exposure to privacy coins but hinges on Zcash ma

Bitget-RWA2025/11/29 21:26
Zcash News Today: Zcash’s Privacy ETF Explores U.S. Regulatory Landscape

Hyperliquid News Today: Hyperliquid Token Release: Contributor Incentives and Holder Concerns

- Hyperliquid unlocked 1.75M HYPE tokens ($60.4M) for developers on Nov 29, 2025, triggering market fears of selling pressure amid a 4.6% price drop. - Tokenomics allocates 23.8% of 1B HYPE to insiders via 12-month cliff + 36-month linear vesting, contrasting with a prior $9.5B airdrop but lacking external investor unlocks. - Analysts like Arthur Hayes note market already priced in risks, while technical indicators (RSI 34, negative CMF) suggest continued downward momentum below $35.50 support. - Community

Bitget-RWA2025/11/29 21:26
Hyperliquid News Today: Hyperliquid Token Release: Contributor Incentives and Holder Concerns

PENGU Token Experiences Significant Rise Backed by Robust Technical Signals and Increasing Attention from Institutional Investors

- Pudgy Penguins (PENGU) token surged to $0.011140 in late 2025, driven by bullish technical patterns and growing institutional inflows. - Repeated wedge formations and key support/resistance levels ($0.01050–$0.0235) highlight its volatile trajectory amid mixed RSI and strong OBV/MACD signals. - On-chain data shows $157,000 in institutional accumulation but $66.6M in team wallet outflows, while pending Cboe ETF approval could reshape liquidity. - Macroeconomic risks like Fed policy and geopolitical tensio

Bitget-RWA2025/11/29 21:26
PENGU Token Experiences Significant Rise Backed by Robust Technical Signals and Increasing Attention from Institutional Investors