Solana price nears $87 short squeeze zone amid long-term support hold

Solana (SOL) is trading around $83-$84, approaching a key $87 level where many short positions could be liquidated, potentially triggering a short squeeze. The price remains near a long-term support trendline formed since 2023, inside a large triangle pattern signaling consolidation. A break above $87 could lead to significant upward momentum, with targets at $230 and possibly $460 if a strong breakout occurs. For now, SOL must hold support and push past resistance to confirm a bullish trend.