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Solana clears downside liquidity, eyes $125 resistance as price bounces from support.

Technical Signals
12 Oct 2026
Dailycoin
View Source
Bullish
Solana clears downside liquidity, eyes $125 resistance as price bounces from support.

Solana (SOL) has cleared all downside liquidity, removing immediate selling pressure and setting its sights on a significant resistance cluster at $125. The altcoin recently bounced from a key micro support zone, indicating renewed buying interest and a potential shift in short-term momentum. Traders are now watching whether this bounce can sustain enough strength to break through the $114 resistance first and then challenge the larger short-side liquidity at $125, which could trigger short covering and push prices higher. This technical setup suggests a bullish outlook if the resistance levels are overcome.

Solana (SOL) trades at Rp1.948.225 on Pluang as of Oct 12, 2026 21:42 WIB, showing a slight 0.10% decline over the past day. Despite this minor dip, buying interest remains strong with 73% of orders on Pluang favoring purchases, and typical holders maintaining positions for about 71 days. This contrasts with the current price action noted in the article, where SOL aims to break resistance levels at $114 and $125 to potentially trigger further gains.

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