Overview

• SOL has flipped $180–$185 into support and is consolidating at $185–$190 with rising volume, OBV confirmation, record weekly transactions and higher TPS underlining on-chain strength.
• Open Interest has cooled from $12.01 billion to $10.56 billion, signaling a reset of excess speculative leverage and a healthier foundation for a rally.
• URPD analysis shows sparse supply above $200, defining a thin resistance zone that could enable rapid price appreciation once that threshold is crossed.
• A dense cluster of short positions between $190 and $200 could trigger short squeezes that amplify upward momentum.
• Fibonacci pivot points near $210–$220 align with the emerging inverse head-and-shoulders pattern to frame the next potential upside target.