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Solana shorts pile up above $170 – Can SOL bulls force a squeeze? Ambcrypto 19 May 2025

Solana shorts pile up above $170 – Can SOL bulls force a squeeze? 📈

Solana is exhibiting resilience at the $170 resistance level, where short positions are accumulating. This indicates potential upward momentum, leaving the possibility of a short squeeze on the table if bulls continue to push.

The cryptocurrency appears to be gaining momentum, posing a challenge to those betting against its price by taking short positions. This situation creates an interesting dynamic in the market, as exchanges may see increased volatility.

Source: ambcrypto.com ↗

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