Solana Rebounds 30%, Targets $105 on Squeeze Potential

Edgen Crypto

·Feb 16 2026, 21:30

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Key Takeaways

Solana has demonstrated significant market strength with a sharp price recovery, outperforming Ethereum. A major liquidity zone building above the current price suggests conditions are forming for a potential short squeeze, which could propel the asset higher.

Solana's price rebounded 30% on February 16, 2026, after hitting a recent low of $67.
A significant liquidity cluster has formed between $90 and $105, indicating a potential target for a short squeeze.
The asset's technical structure is currently outperforming Ethereum, which could attract capital rotation into the Solana ecosystem.

Solana Mounts 30% Recovery From $67 Low

On February 16, 2026, Solana (SOL) demonstrated significant strength, mounting a 30% recovery from its recent low of $67. This sharp upward movement signals renewed buyer interest and a potential reversal of its prior downtrend. The rebound highlights a robust technical structure that is currently seen as outperforming other major Layer-1 blockchains, including Ethereum.

Liquidity Cluster at $90-$105 Signals Squeeze Potential

Technical analysis reveals a substantial liquidity cluster forming in the $90 to $105 price range. This zone represents a high concentration of stop-loss orders from short sellers and take-profit targets. If buying pressure pushes the price into this area, it could trigger a cascade of automated buy orders—a phenomenon known as a short squeeze—which would rapidly accelerate upward price momentum. The formation of this cluster suggests that traders are positioning for a significant move, with the potential to clear resistance and establish a new price range.