Active users on the Solana chain surge, can the MACD bullish signal and short liquidation potential drive SOL to continue rising?

2026-01-19 10:40:11

【Crypto World】Solana’s recent popularity has skyrocketed, with on-chain active addresses surging by 56% to 27.1 million, and weekly transaction volume surpassing 515 million. The price has also rebounded, stabilizing above the key support level of $135.5. From a technical perspective, the MACD indicator has shown a bullish crossover signal, prompting many traders to prepare for increased positions, and derivatives data also reflects a generally optimistic outlook. Interestingly, a large number of stop-loss orders for shorts are densely distributed above the current price—if SOL can hold the newly gained support, these triggered liquidations could trigger a chain reaction, further driving up the price.

SOL-5,92%

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BoredApeResistance

· 7h ago

This move in SOL is really interesting. The short stop-loss orders are stacked so densely... If 135.5 holds, a liquidation chain reaction could trigger a rapid rally.

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LiquidationTherapist

· 7h ago

So many short stop-loss orders are stacked up, just waiting for SOL to show some strength. Once that happens, the squeezing effect will be unstoppable.

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WhaleWatcher

· 8h ago

The short stop-loss orders are stacked so densely that once broken through, it triggers a chain liquidation. I have a better understanding of this wave in SOL.

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