Short Squeeze Possible, but SOL Needs Stronger Market Support

[mendez]

A short squeeze toward $160 remains on the table, but analysts say Solana needs firmer derivatives momentum before any breakout can form. Bearish leverage has dominated since Friday, with traders paying to maintain short positions. Meanwhile, macroeconomic uncertainty — from canceled U.S. CPI data to sinking retail earnings — is weakening risk appetite across crypto. SOL has bounced 14% from recent lows, but without stronger conviction from futures traders, the rebound may not last.

[Nahid Hossen]

A squeeze is possible, but liquidity still looks thin.

[Abdul Khan]

Needs solid buying pressure before any explosive move.