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Solana has rallied more than 22% since last Thursday, riding the wave of renewed bullish momentum across the broader crypto market. As Bitcoin pushes toward all-time highs and Ethereum breaks key resistance levels, Solana has followed suit with impressive strength. The price surged to a local high of $181 before encountering resistance, where it now consolidates just below that mark, searching for support to fuel the next leg higher. Related Reading: Ethereum Hits Major Level After Biggest Weekly Candle In Years – What Comes Next? While price action cools at a pivotal level, on-chain data shows significant growth in Solana’s user base. According to Glassnode, the number of wallets holding 0.1 SOL or more has surged to 11.04 million in the past two weeks. This rapid increase in smallholder wallets points to a rising wave of adoption and network participation, particularly as interest in altcoins intensifies. Solana’s consolidation just under $181 may act as a healthy pause before a continuation if bullish momentum persists. With the market heating up and retail interest returning, the current price structure could offer the foundation for a strong breakout in the coming sessions. The combination of price performance and rising user engagement suggests Solana may be positioning for a larger role in the next phase of the bull cycle. Solana Holds Key Support As Wallet Growth Signals Optimism Solana is now facing a crucial test as it consolidates just below the $181 resistance zone. After a sharp 22% rally over the past week, bulls must defend current levels to validate the uptrend and sustain momentum. Holding above the $170–$175 support range would confirm strength and could pave the way for a renewed push toward the $200 level. However, the path forward isn’t without risk. The broader macroeconomic environment remains fragile, with persistent fears of a global slowdown and continued uncertainty around inflation and interest rate policy. Despite these headwinds, the crypto market is staging a powerful recovery, and Solana is among the top performers. This rally may be more than just a short-term bounce—it could mark the early stages of a larger bullish phase with significant upside potential. Investor sentiment is improving, and so is user engagement across key ecosystems. Top analyst Ali Martinez shared compelling on-chain data that reinforces this perspective. According to Glassnode, the number of wallets holding 0.1 SOL or more has surged to 11.04 million over the last two weeks. This rapid growth in smaller holders suggests growing retail interest and a widening user base—critical indicators for long-term strength. If bulls can maintain control at current levels and macro conditions don’t worsen, Solana could be poised for a major move. The combination of technical momentum and on-chain engagement provides a strong foundation for the next leg higher. All eyes are now on whether the $181 resistance breaks—or if Solana needs more time to build strength before the next phase of the rally begins. Related Reading: Ethereum Recovery Gains Strength: Massive Comeback Above Key Support Solana Faces Resistance As Price Pulls Back To Retest Support Solana (SOL) is consolidating just below the $181 level after a strong 22% rally from last week. As shown in the chart, price action surged above both the 200-day EMA ($161.88) and 200-day SMA ($181.11), signaling renewed bullish momentum. However, the current pullback from $180 to around $173.48 shows that the $181 level is acting as a key resistance, which has previously served as a rejection zone multiple times in the past. Volume remains healthy, and the recent move shows strong market participation, but bulls now need to hold the $170–$172 range to maintain control. A successful retest of this area as support could set the stage for a breakout above $181. Failing to hold above this zone, however, could trigger a correction back to the $160–$165 region, near the 200 EMA. Related Reading: HYPE Bulls Regain Control After Sharp Recovery – Approaching Yearly Highs? Technically, SOL is attempting to break a multi-month downtrend and is forming a higher high structure for the first time since late December. The convergence of the moving averages suggests a pivotal moment. If buyers step in with conviction, a move toward $200 becomes likely. Until then, traders will closely watch the $181 level for a decisive breakout or rejection. Featured image from Dall-E, chart from TradingView

In an interview that spanned everything from macro-economics to meme-coin mania, veteran trader and Asymmetric founder Joe McCann laid out a forceful—but narrowly targeted—thesis: Bitcoin’s institutional flows can propel it to the high six-figure range, Solana is “the fastest horse” toward a mid-three-digit print, and Ethereum’s investment case is increasingly threadbare. Bitcoin To $400,000 McCann began by striking at one of crypto’s longest-lived touchstones. “It’s become clear to anyone who follows crypto that the four-year cycle is effectively dead,” he told host Scott Melker, arguing that traditional patterns of post-halving rotation have been overwhelmed by spot-ETF inflows and by what he calls an unprecedented “headline-driven market.” Those flows, he said, are only beginning. Sovereign wealth funds, pensions, and corporations are “hoarding Bitcoin the way they once hoarded gold,” but unlike bullion, the supply cap is immutable. With uncertainty indices at all-time highs and US trade policy setting the tempo of risk assets, McCann sees a probabilistic path toward enormous upside once “local maxima” on tariffs are understood. Related Reading: Bitcoin 6-Month Flight Plan To $188,000, Here’s The Roadmap “If Trump does deregulation, if he chills out on tariff policy, you could see Bitcoin actually rip two, three, four-hundred thousand dollars. It really is just a number. It’s more about the flows.” Pressed for timing, the CEO of Asymmetric would not anchor to a specific date, but he did outline the mechanics: reflexive price action in a thinly supplied market. Bitcoin, still a “fraction of the market cap of gold,” now trades in an environment where gold’s 40% year-to-date rally has revived the digital-gold narrative. A break of the Bitcoin-gold cross to the upside could lure capital away from bullion “simply because it’s easier to transport and censorship-resistant.” The implication is that a decisive break above the psychological $100,000 could accelerate quickly to the headline figure of $400,000 on ETF demand alone—particularly if the US administration moves ahead with initiatives such asUS President Donald Trump Strategic Bitcoin Reserve buys in a budget neutral way or Senator Cynthia Lummis’s proposal. Bitcoin To $400K, Solana To $420, Ethereum Not Worth Owning | @joemccann 0:00 Intro 2:27 Trump’s Impact on Markets 5:11 Crypto’s Massive Repricing 8:30 Gold vs Bitcoin 13:22 Bitcoin Correlation Debate 16:16 Digital Gold Future 19:06 Trump’s Crypto Influence 23:18 Meme Coins… pic.twitter.com/U52rvt39LL — The Wolf Of All Streets (@scottmelker) May 11, 2025 Where Are Solana And Ethereum Heading? If Bitcoin is McCann’s 70% core position, Solana is his high-conviction satellite. He credits the network’s throughput during last month’s Trump-branded meme-coin launch—“the chain did not suffer; it hummed right along”—as a proof-of-scale moment. Wallet abstractions such as Moonshot, and the migration of stable-coin flows from Ethereum, have in his view removed the UX friction that capped the last cycle. “When the most popular person on the planet launches a meme-coin on Solana, what does that tell you? We have infrastructure ready for mass adoption.” Related Reading: Sovereigns Are Buying Billions Of Bitcoin, Says Anthony Scaramucci With spot-Solana ETFs already live in Canada and US filings advancing, he projects that “given the fundamentals coupled with ETF flows… Solana’s got to be at least $420,” a figure he reiterated more than once. By contrast, McCann’s hedge-fund book carries only one structural short: ETH. He offered a blunt rationale: once-innovative technology, but an asset now “being cannibalized by its own L2s.” With gas averaging one cent, fee revenue is insufficient to reward holders, and institutional channels prefer tokens that either accrue protocol cash-flow or sit inside ETF wrappers—criteria he does not see Ethereum satisfying. “The asset is not worth owning,” he concluded. “Anytime Ethereum rips, usually take profits across the board on everything.” McCann doubts the return of the indiscriminate “alt-season” that characterised prior tops. Liquidity, he argued, has bifurcated into Bitcoin ETFs on one end and high-velocity meme-coin venues such as Pump.Fun on the other. Tokens in between must now defend themselves with “real protocol revenue, not just governance.” If they do, he foresees a coming wave of dividend-style crypto ETFs aimed at yield-hungry boomers; if they don’t, “most of them will trade to zero.” At press time, BTC traded at $104,528. Featured image created with DALL.E, chart from TradingView.com

Solana is gaining momentum once again, with price action pushing above the $175 level for the first time in weeks. The move comes as crypto markets roar back to life, fueled by Bitcoin’s push above $100K and Ethereum’s explosive rally past $2,500. Solana has surged more than 20% in the past week alone, signaling strong demand and a renewed bullish outlook from traders and investors alike. Related Reading: XRP Whales Are Back – 880 Million Tokens Accumulated This Month Top analyst Big Cheds shared a technical analysis revealing that Solana is now making a strong advance into a key spot—the underside of the daily 200 moving average (DMA). The asset is also approaching a lower high around the $180 mark, which previously acted as resistance during the last failed breakout attempt. Cheds notes that reclaiming this zone would be a significant win for bulls, potentially triggering a sharp continuation toward new highs. Market sentiment is turning optimistic across the board, and Solana’s technical setup reflects that shift. As price approaches the 200DMA, all eyes are on whether SOL can hold this momentum and break through key levels to join the broader market rally. The coming days will be crucial for confirming a full trend reversal. Solana Approaches Pivotal Level As Bulls Eye Breakout Solana is showing renewed strength after a clean breakout above the $160 resistance zone, a level that had capped price action for several weeks. The surge has brought SOL into a critical region that could act as a pivot point—either igniting a fresh bullish rally or marking a temporary top before a retrace. As global tensions between the US and China and broader macroeconomic uncertainties linger, the crypto market remains exposed to sudden sentiment shifts. However, recent price action in Solana, along with Bitcoin and Ethereum, suggests that investors are increasingly optimistic about a continued market recovery. Solana’s current structure reflects that optimism. The asset is now testing the underside of its daily 200 moving average, a level often viewed by traders as a trend-defining indicator. A successful push above this moving average would add further confidence to the bullish thesis. At the same time, Solana is approaching a lower high near the $180 zone, where the price was previously rejected in March. Cheds points to this convergence as a crucial area: a breakout here could mark the beginning of a larger reversal pattern. Still, risks remain. A rejection at the $180 level could reinforce resistance and trigger a pullback toward the $160 support, especially if macro conditions worsen or profit-taking sets in. For now, however, bulls appear to be in control, and the technical landscape supports a potential continuation—if momentum holds. Related Reading: Bitcoin 4H Chart Shows Bullish Consolidation – Classic Continuation? Technical Levels: Price Action Shows Strength Solana (SOL) is exhibiting strong momentum as it trades at $176.41, advancing toward a crucial resistance area around the $180 level. The daily chart shows that SOL has surged rapidly from April lows, breaking above both the 200-day EMA ($161.67) and approaching the 200-day SMA ($181.10), a key area that could determine the next major trend. This zone acted as support and resistance multiple times in the past, particularly during Q4 2024 and early 2025. Now, as price returns to this range, it becomes a potential pivot point. If bulls can sustain pressure and close above $181.10 with volume confirmation, it may trigger a continuation toward $200 and possibly retest February highs above $260. However, failure to break above this range could prompt a rejection and consolidation below the 200 SMA. Related Reading: Bitcoin Whale Entry Prices Diverge Sharply – Confidence Builds At Higher Levels Volume has picked up significantly over the last few days, indicating rising interest and participation from traders. This is a constructive sign as Solana attempts to reclaim higher ground. For now, the trend remains bullish, but eyes are on the $180–$185 resistance zone to confirm whether SOL has the strength to continue its breakout or faces a short-term pullback. Featured image from Dall-E, chart from TradingView

Solana is still facing a lot of resistance and it seems that the $200 target is getting harder to reach. This has been made harder by the bearish market winds, as well as declining participation from investors in online activities. As such, the Solana price is still struggling to stay above $150. However, given that there is starting to be a turn in the market sentiment toward the positive, the Solana price could be headed for a quick rebound. This is echoed by crypto analysts who have predicted that the altcoin still has room to run and one in particular suggests that new all-time highs are even possible. Why The Solana Price Is Turning Bullish Crypto analyst TradingShot has explained why the Solana price has been turning bullish recently. In a recent analysis, they explain that the rebound at the beginning of April has shown strength in the digital asset. This came as Solana bounced off the 1-Week MA200 at the start of last month, and this bullish start carried on to the end of the month. Related Reading: Last Chance For Polygon As Crypto Analyst Predicts MATIC Price Will Surge Above $1 Again With the momentum built up, the altcoin saw multiple weekly closes, and eventually closed out the month of April with another green weekly candle. This has set it on a path toward the next critical level, which lies at the 1-Week MA50 and follows the blue trend line at around $170, as shown in the chart below. This level is now the major point to break if Solana is to continue its bullish run in the month of May. The interesting thing about this level, as the crypto analyst explains, is that if the SOL price is able to surmount it, then it is expected to turn into support for the altcoin. Support at $170 would be quite bullish for the Solana price, serving as a possible bounce off point toward $200 once again. Targets From Here As stated above, the first thing is for the Solana price to actually test and break the blue trend line at $170. If this is successful and the bottom is in, then the next big target from here is the $350 level. The crypto analyst explains that this $350 target is the higher high of the wedge. Related Reading: XRP Price To Break Out Of Consolidation: The Next Moonshot That Will Lead To $3 Next, a clean break above $350 sets it on a clear path toward $900 as it sets higher highs. “Given that the recent 3-month correction was -67.23%, identical to the last correction (May 2021) of the previous Cycle, we expect one final rally to the 2.0 Fibonacci extension at $900, if the Higher Highs trend-line breaks,” TradingShot said. Featured image from Dall.E, chart from TradingView.com

In a recent update on X, analyst GemXBT highlighted that Solana (SOL) is moving within a consolidation phase, with the price hovering near the $147 level. The pattern indicates that SOL is coiling up, potentially preparing for a significant move once a breakout occurs. This period of sideways trading isn’t without significance. Historically, such consolidation phases can act as a prelude to sharp breakouts or breakdowns. Traders are now closely watching for volume spikes or candlestick signals that could hint at the next major trend. Current Market Context: Why Solana Consolidation Matters GemXBT emphasized that key support lies below the current price, around the $146 level, which has acted as a crucial buffer, preventing further declines and helping to maintain short-term stability. On the upside, immediate resistance is forming near $150, a level that has previously halted bullish advances. This resistance zone is now being closely monitored, as a breakout above it could trigger a stronger upward push. Related Reading: Solana (SOL) Holding Strong Above $150 — Breakout Zone In Play GemXBT further elaborated on the technical indicators that support SOL’s current consolidation outlook. He noted that the Relative Strength Index (RSI) continues to hover in the neutral zone, reflecting the prevailing market indecision.  This midpoint reading indicates that neither bullish nor bearish momentum is dominant at the moment, which aligns with Solana’s sideways price movement. The lack of an overbought or oversold signal suggests that a breakout in either direction is still on the table, making the coming sessions particularly crucial for confirming the next trend. In addition, GemXBT highlighted that the Moving Average Convergence Divergence (MACD) has recently formed a minor bearish crossover, which could be an early warning sign of building downward pressure. Although the signal isn’t strong enough to confirm a trend reversal yet, it does raise concerns, especially if the $147 support level fails to hold.  The Battle Between Bulls And Bears Based on GemXBT analysis, as Solana continues to consolidate between the $146 and $150 range, the market is at a crucial indecision point. After breaking out of the zone between $146 and $150, the next resistance to watch is the $164 level. If buyers are able to push the price past this barrier, it could pave the way for a rally toward the $211 level and beyond, marking a significant shift in momentum and market sentiment. Related Reading: Solana Price Enters Consolidation Trend Above $130 That Could End In A Breakout However, if bearish pressure intensifies and the $146 support gives way, it might trigger a sharper decline as sellers regain control. In that case, lower support areas such as $137 and $118 would come into play quickly.  With both Solana bulls and bears eyeing these pivotal levels, the next decisive move is likely to set the tone for SOL’s short-term trend. Featured image from Adobe Stock, chart from Tradingview.com

Solana has held strong above the $145 level, maintaining a bullish structure despite recent market volatility. However, bulls have failed to push decisively above the $155 resistance zone, a key level that could open the door to a broader rally. While the current price action favors buyers, the failure to break higher suggests that a retrace may be on the table if momentum continues to fade. Related Reading: Chainlink Flashes Daily Buy Signal – Breakout Next? Top analyst Jelle shared insights on X, noting that Solana’s monthly candle “is not looking too shabby.” According to Jelle, SOL took out all the consolidation lows and still managed to close the candle back above those levels—a positive technical signal suggesting resilience and potential continuation. Still, traders remain cautious, with many watching the $155–$160 area as the next big hurdle. A confirmed breakout above that zone could signal a move toward previous highs, while continued rejections might trigger a healthy correction into lower demand levels. With global markets still dealing with macroeconomic uncertainty, the next few sessions will be crucial for SOL. Bulls must act quickly to defend current levels and reclaim higher ground if they want to keep the trend in their favor. Solana At A Pivotal Level Amid Market Uncertainty Solana is currently trading at a critical level that could serve as a major pivot point for either a strong bullish recovery or a continuation of the broader bearish trend. While global tensions and ongoing trade conflicts between the U.S. and China continue to weigh on investor sentiment, recent market behavior hints at a potential bounce. The broader crypto market has shown signs of resilience, and Solana has been one of the standout performers. Since early April, Solana has climbed over 58%, recovering significantly from its local low near $95. This upward movement has helped shift short-term sentiment, but the price now faces a key test at the $160 resistance level. A clean break and hold above this zone could open the door for a larger rally, potentially taking SOL toward its previous highs. Jelle’s optimistic analysis highlights that Solana’s latest monthly candle is showing strength. According to Jelle, SOL took out all the consolidation lows and still managed to close the month back above them—typically a bullish sign. This sets the stage for a possible retest of the $240 level, a target that aligns with historical resistance and previous price action. However, failure to clear $160 could lead to renewed selling pressure, especially if global macro conditions worsen. For now, bulls must defend current levels and aim for a breakout to maintain momentum. Related Reading: Ethereum Consolidates Against Bitcoin – Dominance Shift On The Horizon? Crucial Test At $160 Resistance Solana (SOL) is currently trading at $147 after several days of struggling to break above the recent high of $157. Bulls have maintained control in the short term, but momentum appears to be fading as price action continues to stall below the key $160 resistance zone. This level remains a crucial barrier that needs to be reclaimed decisively to confirm a continuation of the uptrend. To sustain the bullish structure and avoid a deeper retracement, SOL must push through $160 and target the $180 level next. A successful move above this range would not only restore confidence but could also set the stage for a stronger recovery in the broader altcoin market. However, the longer Solana fails to break higher, the greater the risk of a pullback. If bulls lose momentum and selling pressure builds, a correction into the $130–$120 zone becomes increasingly likely. This area has previously served as a key demand zone and could offer support if tested again. Related Reading: Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750? For now, all eyes are on SOL’s ability to reclaim $160. The next few sessions will be critical in determining whether Solana resumes its upward trajectory or enters a consolidation and correction phase. Featured image from Dall-E, chart from TradingView

Daily price action in the SOL/BTC pair is beginning to paint a sharply different picture from the one that dominated the first quarter, according to a chart shared on Sunday by veteran trader Josh Olszewicz. The one-day chart sets out a textbook inverse-head-and-shoulders (iHS) basing pattern that has been forming since early March and is now approaching the neckline around 0.00162 BTC. At the time of the screenshot, SOL was quoted at 0.001588 BTC. With bitcoin changing hands near $94,765, that places Solana at roughly $150 per coin. The anatomy of the pattern is hard to miss: a March 19 low at 0.00127 BTC ($120) forms the head, flanked by higher swing lows on March 11 left shoulder). The left shoulders is currently in the process of forming. The horizontal neckline aligns with the late-December floor that broke down in February, converting sturdy support into equally sturdy resistance. Measured from the head to the neckline, the amplitude is roughly 0.00033 BTC; a clean breakout would imply a technical objective near 0.00195 BTC—conveniently the lower boundary of the Kumo cloud’s far edge. Solana Bulls Have A Target The chart is overlaid with a long-look Ichimoku configuration (20/60/120/30). At the latest close the Tenkan-sen sat at 0.00150 BTC, the Kijun-sen exactly on the neckline at 0.00162 BTC, and Senkou Span A printed 0.001742 BTC while Span B held higher at 0.002159 BTC. The cloud itself remains bearish—thick, red and overhead—yet the span differential is beginning to compress, signalling waning downward momentum. A decisive push into the Kumo would trigger the classic Ichimoku edge-to-edge trade, targeting Span B at roughly 0.00216 BTC (about $205). Related Reading: Solana Will Face A Pivotal Moment In May – Bear Market Bounce Or Bull Market Dip? The bullish setup is occurring only two months after the market completed the mirror image of the same pattern. From mid-December to early-February, SOL/BTC carved out a prominent head-and-shoulders, lost the neckline in early February and cascaded directly to March’s iHs. That down-and-up symmetry gives extra weight to the current formation by demonstrating how faithfully the pair has respected classical geometry during the past half-year. “1D SOL/BTC – iHS + E2E at some point but not soon, probably late May,” Olszewicz wrote on X. The analyst’s caution reflects the fact that price is still beneath both the neckline and the Kijun-sen, and the Kumo does not thin materially until the final week of May. A premature break attempt risks rejection into a final right-shoulder retest near 0.00151 BTC ($143), which is also where the Tenkan-sen currently resides. Notably, the Chikou Span (lagging line) remains below price and cloud, emphasising that trend confirmation is pending; both Ichimoku purists and pattern traders could therefore agree that 0.00162 BTC is the line Solana bulls must flip decisively. Related Reading: Solana (SOL) Holding Strong Above $150 — Breakout Zone In Play If the edge-to-edge objective is achieved, SOL would add roughly 26 % against Bitcoin from present levels and reclaim ground last seen in early February. Should the neckline reject yet again, downside protection is thin until the twin shoulders at 0.00145–0.00148 BTC; a break of that shelf would invalidate the bullish thesis and reopen the March trough. For now, the market is content to coil beneath resistance while the clock ticks toward the cloud’s inflection. Whether Olszewicz’s late-May timetable proves prescient will depend on Bitcoin’s own trajectory and the broader risk environment, but the price structure on the Solana/Bitcoin chart is clear: after a bruising winter, the bulls finally have a pattern worth defending. At press time, SOL traded at $149. Featured image created with DALL.E, chart from TradingView.com

Solana is trading at critical levels after several days of trying to decisively break above the key $155–$160 resistance zone. Bulls are slowly building momentum, as the broader crypto market shows signs of strength and hints at the possibility of a sustained rally. However, global risks remain elevated, particularly as no clear resolution has been reached in the ongoing US-China trade conflict, which continues to shape macroeconomic sentiment and investor behavior. Related Reading: Ethereum Reclaims Local Range Against BTC – Can Bulls Target The Range High? Despite the uncertain backdrop, technical indicators are beginning to favor a bullish outlook for Solana. Top analyst Ali Martinez shared new insights, highlighting that when zooming out, Solana appears to be forming a textbook-perfect cup and handle pattern — a classic technical setup typically associated with major bullish breakouts. If validated, this pattern could set the stage for a strong upside move in the coming weeks. Still, caution is warranted, as broader market volatility and unresolved geopolitical tensions could disrupt the developing momentum. The next few days will be pivotal for Solana’s trend, as bulls must defend key levels and build enough pressure to attempt a true breakout above resistance. Solana Shows Strength Amid Shifting Market Dynamics Solana is up 58% since early April, showing impressive recovery momentum as market dynamics start to shift. After months of weakness and selling pressure, Solana is now emerging as one of the stronger performers among major altcoins. Analysts are closely watching the $160 level, with many calling for a decisive breakout that could unlock further gains. However, risks remain elevated. The broader macroeconomic environment remains unstable, with global trade conflicts and financial market volatility weighing on investor sentiment. Solana has been particularly sensitive to this uncertainty. Since January, SOL lost over 65% of its value, highlighting the growing selling pressure and speculative behavior that dominated the market during the first quarter of 2025. Despite this, the recent surge has shifted short-term momentum back in favor of the bulls, offering hope for a broader recovery if key levels are reclaimed. Martinez’s analysis supports a bullish outlook for Solana. He points out that zooming out reveals Solana is forming a textbook-perfect cup and handle pattern. This classic technical structure often precedes strong upward movements, especially when accompanied by growing volume and supportive macro conditions. If confirmed, this setup could mark the beginning of a major rally for SOL in the weeks ahead. Related Reading: Solana Will Face A Pivotal Moment In May – Bear Market Bounce Or Bull Market Dip? SOL Price Action Remains Tight Below Key Resistance Solana (SOL) is trading at $151 after several days of consolidation below the crucial $160 resistance zone. Bulls have managed to defend recent gains, but momentum has slowed as the price struggles to push higher. Reclaiming the $160 level is essential for bulls to regain full control and continue the recovery. A clean breakout above $160 could trigger a rally toward the $180 mark, which aligns with the 200-day moving average (MA) — a critical technical barrier that, if flipped into support, would confirm a strong trend reversal. However, risks remain elevated if bulls fail to reclaim the $160 resistance soon. A failure at this zone could expose SOL to a deeper correction, potentially dragging the price back toward the $120–$100 support area. This would not only erase recent gains but could also damage market sentiment, slowing Solana’s recovery efforts. Related Reading: Ethereum Flips Key Resistance Into Support – Can Bulls Reclaim $2,000 Level? For now, consolidation just below resistance suggests that buyers are attempting to build strength. However, the next few days will be critical to determine whether SOL can break higher or enter another corrective phase. All eyes remain on the $160 breakout level as the battle between bulls and bears intensifies. Featured image from Dall-E, chart from TradingView

Solana is trading at critical levels after a volatile week that saw major surges across the crypto market. While the rally has sparked optimism, analysts remain sharply divided. Some believe this is just a healthy correction within a broader bull cycle, while others warn that the crypto market may have already entered a new bear phase. Related Reading: Ethereum Flips Key Resistance Into Support – Can Bulls Reclaim $2,000 Level? For Solana, the next few weeks are expected to be decisive. Top analyst Inmortal shared insights on X, highlighting that within the next 30 days, the market will likely reveal whether Solana’s latest recovery attempt is a simple bear market bounce or the beginning of a bull market dip and new expansion. As Solana holds above key technical levels, price action will be critical to determine sentiment. The stakes are high, especially as macroeconomic uncertainty, driven by global trade tensions and monetary policy shifts, continues to cloud the broader financial landscape. Investors should stay cautious, but alert. Solana’s next move could set the tone not just for its own trajectory, but for the altcoin sector as a whole heading into the summer months. The clock is ticking on this crucial phase. Solana Approaches Critical Level Amid Sharp Recovery Solana has rebounded sharply from its April 7 local low around $95, gaining an impressive 54% in just a few weeks. Bulls have regained momentum as Solana trades near critical resistance levels, with analysts calling for a potential push above $160 in the short term. However, despite this strong recovery, risks of a downside reversal remain high. Since January, Solana has been one of the hardest-hit major cryptocurrencies. It lost over 65% of its value during the most recent downtrend, highlighting the intense selling pressure and increased speculation across the broader market. While the recent rally is encouraging, many are questioning whether it marks the start of a new bullish phase or just a temporary rebound within a larger bearish trend. Inmortal’s insights emphasize that May will be a decisive month for Solana. According to him, “you can’t imagine how vital May is.” Over the next 30 days, the market is expected to reveal whether Solana’s recent strength represents a simple bear-market bounce or the beginning of a true bull-market dip that could lead to further gains. The coming weeks will be critical, and Solana’s price action will likely set the tone for the entire altcoin market this summer. Related Reading: SUI Shows Relative Strength Against Bitcoin – New Uptrend In Play? Price Action Details: Key Levels To Watch Solana (SOL) is trading at $146 after losing around 6% of its value since Friday. Despite the strong rally earlier this month, bulls are now facing increasing pressure to defend current levels. SOL must reclaim the $180 level, which aligns closely with the 200-day moving average (MA), to resume the bullish trend and regain market confidence. The $180 mark is critical because a decisive move above it would signal strength and open the door for a push toward higher resistance zones. Without this breakout, however, the current rally risks fading into another lower high, further weakening Solana’s structure. On the downside, losing the $140 level would be a major red flag for bulls. A sustained breakdown below this support could trigger a deeper correction, with price potentially dropping below the psychological $100 mark. Such a move would likely accelerate bearish sentiment and invite further selling pressure, especially as macroeconomic risks and global uncertainty continue to weigh on the crypto market. Related Reading: Ethereum Attempts First Major Horizontal Reclaim In Months – Can Bulls Hold the Line? The next few days will be key for SOL. Bulls must act quickly to defend, support, and attempt a recovery, or risk opening the door to another major leg down. Featured image from Dall-E, chart from TradingView

Solana is showing signs of strength as it pushes above a key resistance level, suggesting that bulls are beginning to regain some control after weeks of weakness. The broader crypto market remains volatile, driven by ongoing macroeconomic uncertainty and heightened trade tensions between the US and China. Despite these risks, investor sentiment appears to be improving slightly, fueling hopes that Solana and other altcoins could enter a recovery rally. Related Reading: Ethereum Enters Historic Buy Zone As Price Dips Below Key Level – Insights However, caution remains warranted. Top analyst Ali Martinez shared a technical signal that tempers the recent optimism—according to his analysis, Solana may be due for a short-term pullback. A sell signal has flashed on the 12-hour chart using the TD Sequential indicator, which has historically marked local tops and price exhaustion phases. While Solana’s recent breakout is encouraging, the presence of this bearish signal suggests the rally may be losing steam in the near term. Investors will be watching closely to see whether SOL can hold support above the reclaimed levels or if it retreats under selling pressure. For now, the market is caught between early signs of recovery and the ever-present risk of another leg down. Solana Faces Key Resistance As Short-Term Pullback Signal Emerges Solana has surged over 48% since April 7, signaling renewed momentum after a prolonged period of intense selling pressure. Bulls are now facing a critical test as price approaches the $150 level—a key resistance zone that has held back further advances in the past. Despite the recent recovery, Solana remains one of the most affected assets during the 2025 downtrend, having lost more than 65% of its value since its January peak. This underscores the significance of the current move and the importance of holding higher levels to confirm a true reversal. Still, caution is warranted. Martinez shared data on X highlighting a TD Sequential sell signal on the 12-hour chart—a technical indicator that often precedes short-term trend exhaustion or reversals. The TD Sequential works by identifying a sequence of price movements that can indicate overbought or oversold conditions. If the signal plays out, Solana could face a temporary pullback before any sustained upside continues. Macroeconomic factors remain in play, with ongoing trade tensions between the US and China still shaping sentiment across global markets. However, hopes for a potential agreement between the two countries and expanding global liquidity are giving bulls some optimism, especially within the altcoin sector. Related Reading: Metrics Reveal Solana Sees Uptick In Whale Activity – Accumulation Signal? SOL Price Hovers At Pivotal Zone: What’s Next? Solana (SOL) is currently trading at critical levels, testing the key $150 resistance zone after a sharp recovery from recent lows. Bulls must reclaim and hold above this level to confirm a breakout and validate the start of a sustained uptrend. A decisive move above $150 would likely trigger further buying momentum, possibly leading to a retest of higher targets not seen since early March. However, if SOL fails to break above this barrier in the short term, a period of consolidation between the $130 and $120 levels could still signal strength. Holding this zone would suggest that bulls are building a base for continued upward price action and absorbing selling pressure without a significant retrace. Such consolidation phases are often considered healthy in bullish market structures, allowing momentum to rebuild before the next leg higher. Related Reading: Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking? On the downside, failure to hold the $120 support level could expose SOL to deeper losses, with the $100 zone as the next significant area of demand. A break below this level would invalidate the current bullish outlook and possibly reignite a broader downtrend. For now, all eyes are on SOL’s reaction around the $150 mark. Featured image from Dall-E, chart from TradingView 

Solana is showing signs of strength after weeks of heightened volatility and aggressive selling pressure. As the broader crypto market stabilizes amid ongoing macroeconomic uncertainty and global trade tensions, Solana has managed to inch closer to a critical resistance level. Despite the risks still looming, especially with trade war rhetoric between the US and China escalating, some market participants believe the conditions are aligning for a potential recovery rally. Related Reading: Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking? Adding weight to that view, recent on-chain data from Glassnode reveals a subtle yet notable shift in whale activity. The number of wallets holding more than 10,000 SOL has increased by 1.53% over the past week, rising from 4,943 to 5,019. This uptick suggests that larger holders may be accumulating ahead of a possible breakout, interpreting current price levels as favorable entry points. Historically, such accumulation phases have preceded strong upward moves, particularly when combined with technical recovery signals and improving market sentiment. Whether Solana can break through resistance and sustain a recovery remains uncertain, but the growing whale interest paints a cautiously optimistic picture for the days ahead. Whale Accumulation Grows As Bulls Regain Momentum Solana has been one of the hardest-hit assets during the recent market downturn. Since peaking in January, SOL has lost over 65% of its value, reflecting deep investor uncertainty and heightened selling pressure. As macroeconomic tensions between the US and China continue to grow, global markets have shifted toward a risk-off sentiment, with high-volatility assets like Solana taking the brunt of the damage. However, there may now be signs of relief. A possible resolution in the ongoing trade dispute and improving liquidity conditions are breathing fresh life into the broader altcoin market. In Solana’s case, the recovery narrative is gaining support from on-chain metrics. According to data shared by top analyst Ali Martinez on X, the number of wallets holding over 10,000 SOL has increased by 1.53% over the past week, rising from 4,943 to 5,019. This subtle but notable uptick in large-holder activity suggests growing institutional or whale confidence in Solana’s long-term potential. This accumulation trend, paired with rising momentum among bulls, could mark the beginning of a shift in sentiment after weeks of relentless pressure. If global risk appetite improves and Solana can hold key support zones, this whale behavior could lead to a sustained rebound in price. Related Reading: Ethereum Trades At Bear Market Lows: Fundamentals Signal Major Undervaluation Solana Tests Key Resistance As Investors Aim For A Recovery Solana (SOL) is currently trading at $140, just below a critical resistance zone that has capped price advances for weeks. After showing signs of strength in recent sessions, bulls are now attempting to push SOL above the $150 level—a key threshold that, if broken, could quickly propel the price toward the $180 mark. The current momentum is being closely watched, as reclaiming this resistance would signal a trend reversal and provide the foundation for a stronger bullish recovery. To confirm an uptrend, SOL must break and hold above the $150 mark and then target the 200-day moving average, currently acting as a dynamic resistance. A decisive move above the 200-day MA would indicate a shift in sentiment and reinforce Solana’s breakout potential in the near term. Related Reading: Ethereum Price Stalls In Tight Range – Big Price Move Incoming? However, if bulls fail to reclaim and defend these levels, bearish pressure could return. A rejection at current prices would likely open the door for a retest of lower demand zones. Losing support around the $125 level could take SOL back to $100—a level that previously served as a strong support during earlier selloffs. The next few days will be pivotal for determining Solana’s short-term trajectory. Featured image from Dall-E, chart from TradingView 

Solana is showing signs of pre-breakout behavior as it consolidates below an important price threshold. According to a new technical analysis shared by RLinda on the TradingView platform, the $136 level is currently a decisive resistance point, and Solana’s current trading behavior suggests that a move above this level could ignite a fresh bullish push even as the global market situation is bearish. Solana Finds Stability After False Breakdown The current structure of Solana’s price chart reflects a notable recovery after what the analyst described as a false breakdown below the range support zone. This false breakdown refers to the price crash between the last week of March and the first week of April, during which the Solana price briefly broke below $100. Notably, this break below $100 came as an extension of a decline run after a break below a key support range between $115 and $108. Related Reading: Solana Price To Drop To Double Digits? Major Levels To Watch For Entries After briefly dipping below key support, Solana quickly rebounded, and the market responded with renewed buying pressure that sent its price back above $130. However, this push is starting to slow down, with resistance at $136 and a consolidation phase between $130 and $136.  This consolidation range is proving to be an important zone for Solana’s bullish potential going forward, according to RLinda. This behavior is further reinforced by liquidity dynamics. The analyst highlights a liquidity imbalance created by the recent false breakdown, which could favor upward price movement as Solana bulls seek to reclaim the upper zones above $136.  A sustained move above $136 could serve as the initial trigger for a breakout, potentially shifting short-term market sentiment in Solana’s favor. If this scenario unfolds, the move would provide technical confirmation of growing strength among buyers. This bullish potential is notable, even as RLinda noted that the global market situation is bearish. Breakout Above $136 Could Unlock Higher Price Targets For Solana Speaking of the bearish global market situation, RLinda’s analysis categorizes the local Solana setup as neutral, indicating that the price is in a range rather than exhibiting a definitive trend. Crypto market dynamics also lend weight to the bullish outlook for Solana. Bitcoin, the dominant force in the crypto market, is itself undergoing consolidation and has been highly correlated with Solana’s movements in recent weeks. Should Solana manage to close and consolidate above $136, the chart opens up to a sequence of local targets, with the $140, $147, and $152 levels becoming the following areas of interest. Related Reading: Ethereum, Solana And Cardano Trend After Crypto Crash – Here’s What You Should Know At the time of writing, Solana is trading at $ 134.80, up 0.5% in the past 24 hours and 15.6% in the past seven days. Even if the outlook is bullish, minor corrections may still occur as this process unfolds. In such a scenario, the Fibonacci 0.5 retracement, located around $125.28, will provide a cushion for price corrections. As such, any short-term dip from the current price level may be met with strong support and accumulation at the Fib retracement. Other support levels are at $129, $123, and $111. Featured image from Adobe Stock, chart from Tradingview.com

Solana is now at a critical juncture as it trades around a pivotal price level that could determine its short-term direction. After weeks of selling pressure and underwhelming price action, bulls are attempting to regain control—but success hinges on reclaiming higher resistance zones. Without a decisive move upward, Solana’s price action may continue to follow the broader downtrend that has defined the last few months. Related Reading: Over 1.9M Ethereum Positioned Between $1,457 And $1,598 – Can Bulls Hold Support? Meanwhile, macroeconomic tensions continue to escalate. Trade conflicts between the United States and China are intensifying, with both nations imposing aggressive tariffs. This has created a high-risk environment across global financial markets, and altcoins like Solana are particularly vulnerable. With uncertainty rising and investor sentiment turning cautious, digital assets are under growing pressure. However, there is a glimmer of technical optimism. Top crypto analyst Crypto Seth shared an analysis suggesting that Solana has flipped bullish on the 8-hour chart. According to his view, if SOL can break above key resistance, it could confirm a trend shift and trigger a potential recovery rally. Until then, traders are watching closely as Solana navigates a critical support-resistance battleground amid a volatile macro backdrop. Bulls Must Hold the Line as Market Faces Trade War Pressure Solana is currently trading in a make-or-break zone, having lost 55% of its value since reaching its all-time high in January. This decline mirrors a broader crypto and equities market correction that began when macroeconomic tensions escalated—most notably due to rising inflation, global instability, and intensifying trade war rhetoric between the United States and China. Bulls now face a critical moment. Solana must hold current levels and reclaim key resistance zones to spark a recovery rally. Failing to do so could open the door to a sharp meltdown in price, particularly if macro conditions continue to deteriorate. US President Donald Trump’s unpredictable policy decisions, especially surrounding tariff impositions, have created a hostile environment for risk assets like Solana. Ongoing tariff escalations with China are only adding to market uncertainty, further weighing on investor sentiment. However, there is a glimmer of hope from the technical side. Seth shared insights suggesting that Solana has flipped bullish on the 8-hour chart. According to his analysis, a break above the $147 level would confirm a trend shift and potentially pave the way for a sustained recovery. For now, all eyes remain on whether SOL can clear this level or face renewed pressure in a volatile global climate. Related Reading: Dogecoin Whales Buy 800 Million DOGE in 48 Hours – Smart Money Or Bull Trap? Solana Faces Pivotal Resistance: Can Bulls Break Through? Solana (SOL) is currently trading at $132 after several days of struggling to reclaim this key resistance zone. Price action remains uncertain, and bulls must now show strength to avoid a deeper correction. Reclaiming the $132–$135 range is crucial, as it could confirm short-term momentum and signal the start of a recovery rally. To establish a higher high and shift the current downtrend structure, SOL must push decisively above the $150 level. This area has served as a strong rejection point in previous attempts and stands as the next major test for bullish continuation. A clean breakout above this level could open the path toward higher targets and renewed investor confidence. However, if bulls fail to defend the $125 support level, Solana may risk a drop back to lower demand zones around $100—or potentially even lower, depending on broader market conditions. Macroeconomic uncertainty, continued trade tensions between the U.S. and China, and overall weakness in altcoins are all contributing factors weighing heavily on SOL’s price. Related Reading: Solana Retests Bearish Breakout Zone – $65 Target Still In Play? For now, traders are watching the $135 level closely. A breakout above this key threshold could shift the tide in Solana’s favor. Until then, caution remains warranted. Featured image from Dall-E, chart from TradingView 

Solana is trading above the $125 level after bulls stepped in and reclaimed key levels, sparking optimism across the market. After enduring weeks of massive selling pressure, this recovery marks the first sign of strength from buyers since early March. Still, not all analysts are convinced this marks the beginning of a sustainable rally. While momentum appears to be shifting in Solana’s favor, some see this move as a possible bearish setup rather than a reversal. Related Reading: Ethereum Metrics Reveal Critical Support Level – Can Buyers Step In? Top crypto analyst Ali Martinez shared a cautionary view on X, suggesting that Solana might be retesting the breakout zone from a right-angled ascending broadening pattern — a structure that often precedes sharp declines. According to his analysis, if Solana fails to hold current support levels, prices below $80 could come back into play. This aligns with broader macro concerns, as global trade tensions and volatile risk markets continue to pressure crypto valuations. With both bullish enthusiasm and bearish warnings in the air, Solana’s price action in the coming days could determine whether this is a genuine recovery — or a setup for a deeper correction. Eyes are now on how SOL behaves around $125 in the short term. Solana Faces a Pivotal Test as Global Risks Rise Solana is at a crucial juncture as bulls attempt to hold the $125 level and regain momentum after weeks of aggressive selling pressure. While the recent bounce has offered short-term relief, the broader market environment remains highly unstable, making this recovery fragile. Macroeconomic uncertainty, paired with growing trade war fears, continues to weigh heavily on risk assets like Solana. The erratic tone set by US President Donald Trump, including unpredictable tariff policies targeting China and other global partners, has introduced renewed volatility across financial markets. These macro headwinds are colliding with technical pressure in Solana’s chart. Martinez shared a bearish scenario, noting that Solana could be retesting the breakout zone from a right-angled ascending broadening pattern. Historically, this pattern often signals the potential for sharp reversals. According to Martinez, if Solana fails to hold above key support, the price could plunge toward $65 — a level not seen since late 2023. The $125 zone now acts as a make-or-break level for bulls. Reclaiming higher resistance at $135–$145 would be necessary to shift sentiment and spark a full recovery rally. However, failure to hold current levels could result in a steep decline as panic returns to the market. Related Reading: Dogecoin Whales Buy 800 Million DOGE in 48 Hours – Smart Money Or Bull Trap? SOL Price Faces Key Resistance After $136 Rejection Solana (SOL) is currently trading at $125 after facing a clean rejection at the $136 resistance level earlier this week. The failure to break through this short-term ceiling has paused the bullish momentum, placing bulls in a vulnerable position as they try to defend recent gains. To regain control and signal a clear reversal, SOL must reclaim the $136 level with conviction and continue climbing toward the $150 mark — a zone that aligns with key daily resistance and short-term liquidity. Reclaiming both levels would signal strong market confidence and could set the stage for a sustained rally, possibly retesting April highs. However, without that upside push, the risk of deeper downside grows. Market volatility remains high, fueled by global macroeconomic tensions and uncertainty around US-China trade developments. These factors are still weighing heavily on sentiment, particularly among altcoins like Solana. Related Reading: XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level? If SOL continues to struggle below $136 and fails to attract enough buying pressure, a breakdown toward the $100 mark becomes increasingly likely. That level has previously served as a psychological support zone and could attract renewed interest — but only if broader market conditions stabilize. For now, SOL remains in a delicate, high-stakes trading zone. Featured image from Dall-E, chart from TradingView 

Solana is trading above the $125 mark after bulls stepped in with force, reclaiming critical technical levels and bringing some relief to a market that had been dominated by selling pressure. After weeks of steep declines and heightened volatility, Solana is finally showing signs of strength as buyers return and confidence starts to rebuild. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery​? The bounce came at a crucial moment, as SOL was on the verge of breaking into lower demand zones following a sharp 47% drop since early March. The shift in momentum has caught the attention of market participants, especially as broader market sentiment begins to stabilize. Top analyst Big Cheds shared a technical analysis on X, suggesting that Solana has “triggered a long thesis overnight” after reclaiming several key levels on the chart. His comments are fueling speculation that this move could mark the beginning of a broader recovery phase for SOL—provided bulls can hold current levels and build momentum from here. As traders monitor upcoming resistance and key indicators, the next few days will be crucial in determining whether Solana’s rally has legs—or if it’s just another short-lived bounce in a volatile macro environment. Solana Surges 40% As Long Thesis Takes Shape Solana has gained over 40% since last Monday, sparking renewed bullish sentiment and opening a debate among analysts and traders: is this the start of a sustained move higher, or will SOL consolidate around current prices? After weeks of persistent selling pressure, Solana has finally seen a wave of buying interest, bouncing strongly from a $95 low. This bounce marks one of the most aggressive reversals among major altcoins during the recent market correction. The surge came shortly after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces a 145% tariff. The announcement sparked relief rallies across risk assets, with Solana among the top beneficiaries. Big Ched’s analysis reveals that Solana triggered a long thesis after successfully reclaiming the $125 resistance level. This move is seen as a breakout confirmation, suggesting that a bullish structure may now be forming. However, global tensions and trade war fears continue to inject uncertainty into financial markets. For Solana, holding above the $120–$125 support zone will be key in determining whether the recent bounce has staying power—or if further consolidation is in store. Related Reading: Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year Price Holds Above Key Moving Averages: Crucial Resistance Awaits Solana (SOL) is trading at $131 after finally breaking above the 4-hour 200 Moving Average (MA) and Exponential Moving Average (EMA), which sat around $125 and $128, respectively. This move signals a potential short-term trend shift in favor of the bulls, who are now holding some advantage after reclaiming these critical technical levels. The breakout came on strong volume, reinforcing the bullish momentum that emerged from last week’s bounce off the $95 low. However, for the rally to continue and higher highs to form, SOL must maintain its position above the $125 level and push toward the next major resistance around $146. Reclaiming this level would strengthen bullish conviction and confirm a recovery rally in the broader trend. Related Reading: Solana Approaches $125 – Will 2-Level Filter Trigger A Long Signal? Despite the recent strength, risks remain. If Solana fails to hold above $125, the bullish setup could unravel quickly, and the price may revisit the $100 demand zone. With global market volatility still elevated due to ongoing macroeconomic tensions, traders are watching this support-resistance range closely to determine whether SOL can sustain upward momentum or return to consolidation. Featured image from Dall-E, chart from TradingView 

Solana is now facing a critical liquidity resistance zone after enduring weeks of heightened volatility and intense selling pressure across the crypto market. Following a steep drawdown, SOL has finally shown signs of buyer interest, sparking renewed optimism among traders. Despite the recent bounce, Solana remains over 47% down from its early March highs, reflecting the broader bearish sentiment that has gripped altcoins in the face of macroeconomic uncertainty and global tensions. Related Reading: Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year The price action is approaching a make-or-break point, and traders are watching closely. Top analyst Big Cheds shared insights on X, suggesting that a move “over $125 could trigger long on 2-level filter,” signaling the potential start of a momentum-based breakout if SOL can clear this threshold with strength. This level now acts as a key pivot in the short-term outlook for Solana. A breakout above $125 could reignite bullish momentum and attract sidelined capital back into the altcoin market. However, rejection at this resistance could fuel further consolidation or downside. With market conditions still fragile, all eyes are on SOL’s reaction to this crucial zone as traders weigh the risk and reward of a potential breakout scenario. Solana Rebounds 25% As Bulls Eye Breakout After weeks of relentless selling pressure, Solana is showing renewed signs of strength. Following a dramatic correction that took SOL from over $200 to a low of $95, the asset has finally found relief. Since Monday, Solana has bounced more than 25%, fueled by improved sentiment and positive macroeconomic developments. The rally began shortly after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces an increased 145% tariff. This temporary easing of trade tensions injected optimism back into the market, sparking strong upside across high-beta crypto assets like SOL. Top crypto analyst Big Cheds shared a bullish outlook, noting that “SOL Over $125 could trigger long on 2-level filter.” This level now serves as a key technical threshold—breaking above it could confirm the end of Solana’s local downtrend and potentially initiate a sustained bullish phase. Cheds’ system highlights this setup as an optimal long trigger, assuming volume and momentum follow through. If bulls manage to push SOL past $125 with conviction, a breakout rally could follow, supported by improving on-chain metrics and recovering market sentiment. However, failure to reclaim this resistance could result in renewed selling pressure or extended consolidation. For now, $125 is the line in the sand. Related Reading: Solana Approaches Make-or-Break Level As Technicals And Fundamentals Align – Analyst SOL Price Faces A Technical Barrier At $128 Solana (SOL) is currently trading at $122 after a week of volatile recovery attempts, yet it continues to face key technical resistance. For weeks, SOL has struggled to push above the 4-hour 200 Moving Average (MA) and Exponential Moving Average (EMA), which are now converging around the $128 level. These indicators have acted as strong resistance during previous rallies, and bulls must reclaim them to signal short-term strength and validate the potential for a broader recovery phase. If buyers manage to push SOL above $128 and hold it as support, momentum could build quickly, with a possible run toward higher resistance levels. However, failure to break above these technical thresholds could weaken bullish sentiment and encourage renewed selling pressure. Related Reading: Ethereum Long-Term Holders Show Signs Of Capitulation – Prime Accumulation Zone? Additionally, the $120 level is now a crucial zone of immediate support. Losing this level would undermine the recent bounce and open the door to a deeper pullback. If $120 fails to hold, SOL could drop quickly toward the $100 level or even lower, revisiting areas of previous consolidation. Traders are watching this range closely, as the next move will likely dictate whether SOL enters a sustained recovery or resumes its broader downtrend. Featured image from Dall-E, chart from TradingView 

Solana is now facing critical liquidity resistance as the broader crypto market attempts to stabilize following weeks of extreme volatility and uncertainty. After a brutal downtrend that saw SOL lose more than 47% of its value since early March, buyers are finally stepping in. This shift in momentum has sparked cautious optimism, but challenges remain ahead. Related Reading: Ethereum Long-Term Holders Show Signs Of Capitulation – Prime Accumulation Zone? SOL had been under immense selling pressure for nearly two months, dropping from its peak to levels not seen since late 2023. After briefly falling below $100, Solana has bounced back and is now testing a key trendline resistance — a level that could determine whether the recent rebound gains traction or fizzles out. Top analyst Ted Pillows shared a technical view on X highlighting that Solana is now 60% down from its peak, suggesting that capitulation has likely taken place. According to Pillows, the current setup looks like a retest of trendline resistance, which has historically acted as a major barrier for price recoveries. As Solana nears this critical level, traders are closely watching for signs of a breakout or rejection. The next few days could determine whether SOL reclaims lost ground or resumes its downward trend. Solana Eyes Breakout As Bulls Return After Brutal Correction Solana has finally shown signs of life after weeks of relentless selling pressure. Following a sharp correction that drove SOL to a low of $95, the asset bounced over 25% since Monday, signaling renewed buying interest. The recovery came in tandem with a broader market rebound triggered by U.S. President Donald Trump’s announcement of a 90-day pause on reciprocal tariffs for all countries except China, whose tariffs were raised from 125% to 145%. Pillows shared a chart suggesting that Solana is once again testing a key trendline resistance, and capitulation may have already occurred. According to Pillows, this could be the turning point for Solana — provided bulls can secure a decisive daily close above $130. Looking forward, multiple bullish catalysts are lining up for Solana. The highly anticipated Firedancer upgrade is expected to significantly boost scalability and performance. In addition, talks around the potential approval of Solana ETFs, as well as its inclusion in the Digital Asset Stockpile, add to investor optimism. On-chain activity is also rising, with stablecoin supply on Solana up 140% and DEX volume seeing a notable resurgence. If SOL can push past this trendline resistance and close above $130, a sustained rally could follow — one that finally shifts market sentiment back in favor of bulls. Related Reading: Solana Eyes $200 Target As It Gains Momentum – Recovery Could Mirror 3-Month Downtrend SOL Price Holds Key Support as Bulls Eye Recovery Solana (SOL) is currently trading at $117 as bulls attempt to reclaim momentum after weeks of selling pressure. The short-term goal remains clear: reclaim the $125 resistance zone, which has acted as a major barrier since the recent downtrend began. A decisive push above this level could open the door for a run toward $145, where the next liquidity zone sits and a full recovery rally may begin. However, maintaining support above $112 is absolutely critical. This level has become a key pivot area in the 4-hour chart, and bulls must defend it to avoid triggering a bearish reversal. If this support fails, the probability of SOL dropping back below the $100 mark increases significantly, potentially reigniting panic selling. Related Reading: XRP Network Activity Hits All-Time High Despite Market Volatility – Bullish Signal? Despite market-wide volatility, SOL has shown resilience, bouncing more than 25% from its recent lows around $95. This upward momentum, however, needs to be sustained with consistent volume and strength above resistance levels. Investors are closely watching for a breakout above $125 as a potential confirmation that the recent bounce is more than just a relief rally. Until then, Solana remains in a tight range, with $112 and $125 defining the immediate battle zone. Featured image from Dall-E, chart from TradingView 

Solana has staged an impressive comeback, rallying over 25% from its recent low of $95 earlier this week. The sharp move followed a major shift in macroeconomic sentiment after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which was hit with a 125% tariff. The temporary relief sparked a renewed wave of optimism in financial markets, helping risk-on assets like Solana regain strength after weeks of heavy selling pressure. Related Reading: XRP Network Activity Hits All-Time High Despite Market Volatility – Bullish Signal? Top analyst Bluntz weighed in on the rally, sharing on X that the recent bounce could be more than just a short-term reaction. He noted that Solana’s latest downtrend lasted nearly three months—a duration he believes could mirror the length of the current recovery phase. If his analysis plays out, SOL may be entering a sustained period of upward momentum. Despite broader market uncertainty and continued global tensions, Solana’s sharp rebound is offering bulls some relief and potentially setting the stage for a longer-term rally. Traders are now closely watching key resistance levels and overall market sentiment to determine whether this bounce will evolve into a lasting trend shift. Solana Eyes Recovery After Deep Correction Solana has finally seen a burst of buying activity after enduring nearly three months of relentless selling pressure. Since reaching its all-time high in January, SOL has lost more than 60% of its value, with bulls losing momentum the moment prices slipped below the $180 level. The correction was deep, sharp, and reflective of broader weakness in crypto and traditional markets as macroeconomic tensions escalated. President Trump’s continued push for tariffs has added significant stress to global markets, dampening risk appetite and weighing heavily on altcoins like Solana. The environment has been far from friendly for speculative assets, but the recent bounce suggests that sentiment may be shifting. Bluntz’s insights on X note that Solana’s previous downward leg lasted nearly three months—a timeline he believes the current recovery could mirror. According to his analysis, this bounce could impact prices by as much as 75% in the near term, with a potential target around the $200 level. While it’s too early to confirm a full trend reversal, this optimistic outlook offers some hope to investors holding through the drawdown. For now, Solana must reclaim key resistance levels and sustain momentum above $120 to validate a broader recovery phase. The next few weeks will be critical as volatility continues to dominate and global tensions remain. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling? Bulls Must Hold $110 And Reclaim $130 to Confirm Recovery Solana is currently trading at $114 after briefly dropping below the critical $100 support level earlier this week. The recent bounce has given bulls a fighting chance, but price action remains fragile. For Solana to confirm a recovery rally, bulls need to reclaim the 4-hour 200-day Moving Average (MA) and Exponential Moving Average (EMA), both of which sit around the $130 level. Holding above the $110 support zone is key. If SOL manages to maintain strength at current levels and successfully pushes above $130, it could open the door for a massive upside move. A breakout above the 4-hour MAs would likely trigger fresh momentum and renewed buying pressure, potentially sending Solana back into the $150–$180 range. Related Reading: XRP Breaks Out Of Head-And-Shoulders Pattern — Eyes Move Toward $1.30 However, the bullish outlook hinges entirely on reclaiming these technical levels. Failing to do so could lead to renewed consolidation in the $100–$115 range or even spark another sell-off. If Solana falls back below $110 and retests the $100 mark, it could invite further downside and shake investor confidence again. The coming days will be pivotal as bulls try to shift momentum and stabilize the recent recovery. Featured image from Dall-E, chart from TradingView 

Solana has faced intense selling pressure over the past week as the broader crypto market reels from the impact of US President Donald Trump’s aggressive trade policies. Fears of a prolonged trade war and mounting macroeconomic tensions have triggered a wave of panic selling across risk assets, with Solana among the hardest hit. The altcoin has plunged over 60% from recent all-time highs, reflecting the brutal conditions gripping even the strongest large-cap tokens. Related Reading: Solana Drops Below $100 For First Time In A Year — Is An 80% Correction Underway? Despite the carnage, there are early signs that a short-term rebound could be on the horizon. Prominent analyst Bluntz shared his outlook on X, noting that he has started bidding on several oversold altcoins like Solana, showing bullish divergence. According to Bluntz, many of these tokens have fallen in a straight line, setting the stage for what he believes could be “sizeable bounces” in the near term. While he doesn’t believe this is the definitive market bottom, the presence of bullish divergence across multiple charts offers a glimmer of hope for traders seeking relief rallies. With Solana hovering at critical support levels, all eyes are on whether this bounce thesis plays out — or if further downside awaits. Solana At A Critical Juncture As $100 Level Faces Pressure Solana is now at a crucial technical and psychological crossroads as the $100 level remains a key price to hold. After a brutal selloff that intensified over the weekend, Solana dropped more than 20% in just a few hours, reflecting the panic and uncertainty dominating crypto markets. The breakdown below $120 signaled a major shift in sentiment, and the breach of $100 has left bulls scrambling to defend one of the last major supports before lower demand zones come into play. Bulls initially lost control as price action turned sharply bearish last week, triggered by broader macroeconomic instability. US President Donald Trump’s new wave of tariffs has intensified trade war fears, adding pressure to an already fragile global market. Risk assets like Solana have been hit especially hard, with many altcoins suffering from sharp drawdowns amid growing investor fear. Still, there’s a potential glimmer of hope. Bluntz contrarian view on X notes that he has begun bidding on several altcoins — including SOL and HYPE — that have dropped over 60% in near-vertical moves. He highlighted bullish divergences forming across multiple charts, which often precede relief bounces. “I definitely don’t subscribe to the idea this is ‘THE BOTTOM,’” he added, “but sizeable bounces are highly likely in my opinion.” Related Reading: Ethereum Capitulation May Be Nearing End – Will A Fed Pivot Spark A Recovery? While the long-term trend remains under pressure, signs of oversold conditions and hidden strength could offer traders short-term opportunities. For Solana, the ability to reclaim and hold the $100 level could spark a recovery bounce. Otherwise, deeper losses may follow. Price Action Details: Key Liquidity Levels Solana (SOL) is currently trading at $108 after several volatile days attempting to hold above the critical $100 support level. This price range has become a major battleground for bulls and bears, as sentiment across the broader crypto market remains fragile. Macroeconomic instability, rising trade tensions, and ongoing selling pressure have pushed risk assets into uncertain territory — and Solana is no exception. Bulls are now faced with a crucial challenge. To shift the momentum and signal the beginning of a recovery phase, SOL must not only defend the $100 mark but also reclaim the $120 level, which previously acted as support before turning into resistance. A breakout above this zone could open the door for further gains and a potential short-term trend reversal. Related Reading: Ethereum Lags Behind Bitcoin In Q1 Performance Amid Market Downturn – Details However, failure to hold the $100 level would likely lead to a deeper retracement. Analysts warn that a decisive breakdown below this support could send SOL plunging into the $80 range, where the next significant demand zone sits. With price action hanging in the balance, the coming days will be critical for Solana’s trajectory — either triggering a recovery bounce or accelerating the current downtrend. Featured image from Dall-E, chart from TradingView

Solana is now trading below the $100 mark after intense selling pressure swept through the crypto market over the weekend. Sunday’s drop pushed SOL into its lowest price zone in more than a year, signaling a sharp shift in sentiment as fear grips the market. Since the start of March, Solana has lost more than 45% of its value, and momentum suggests the downtrend may not be over yet. Related Reading: Dogecoin Faces Make-Or-Break Support Level – Will DOGE Hold? The breakdown has sparked concern among investors and analysts alike, with many warning that SOL could be headed for deeper lows if current support fails to hold. Top analyst Jason Pizzino shared a technical analysis pointing out that this is the first time in over 12 months that Solana is trading below the $100 level — a historically significant threshold. According to Pizzino, the next major price targets sit at levels levels that would represent an 80% total decline from Solana’s recent highs. Such moves, while steep, aren’t uncommon during heavy altcoin corrections. With macro uncertainty and broad market weakness driving risk-off behavior, Solana’s path forward will likely depend on whether bulls can reclaim key levels — or if more downside is still to come. Solana Faces Critical Breakdown As Analysts Eye Deeper Correction Solana is now undergoing a crucial test as the price trades below $100 for the first time in over a year. Bulls are under pressure to reclaim key levels quickly in order to prevent further downside. However, the broader macroeconomic landscape paints a grim picture. Global markets remain rattled by escalating trade war tensions and policy uncertainty stemming from the U.S. and China, with financial conditions tightening across the board. For high-risk assets like Solana, the backdrop suggests the decline may still have room to continue. Pizzino has shared a bearish technical outlook that supports this view. He highlights the significance of Solana’s repeated bearish signals using the “3-bar rule.” The first warning appeared in November 2024, followed by another in January 2025. Now, with SOL firmly trading below $100, Pizzino believes the next targets lie at $80 and potentially sub-$60 — a level that would represent an 80% correction from Solana’s recent highs. While that may seem extreme, such pullbacks are not unusual in major altcoin cycles, particularly when driven by broader market panic. Related Reading: Ethereum Lags Behind Bitcoin In Q1 Performance Amid Market Downturn – Details For Solana, the path forward hinges on whether bulls can reclaim momentum soon. A push back above the $110–$120 zone could shift sentiment and delay deeper losses. Until then, the market remains on edge. Solana Bulls Fight to Avoid Further Losses Solana is currently trading at $100 after briefly dipping to $95 — a price level not seen since February 2024. The sharp correction highlights the intense selling pressure that has taken hold of the market in recent weeks. As fear and uncertainty continue to dominate sentiment, SOL remains vulnerable to deeper losses if bulls fail to step in. The $100 level is now a psychological and technical battleground. While bulls are attempting to defend it, the broader market context — shaped by global macroeconomic instability and weakening investor confidence — suggests the recovery may face significant resistance. For Solana to regain momentum and signal a possible trend reversal, it must reclaim the $120 zone, which previously served as a key support level. Related Reading: Massive Chainlink Demand Wall At $6.26 As 90K Investors Buy 376M LINK However, selling pressure remains strong, and if SOL fails to hold the $100 threshold, a move into lower demand zones becomes increasingly likely. Analysts point to the $80 level as the next critical area where buyers may look to step in. Until then, price action remains fragile, and the downtrend could extend if broader market conditions fail to improve. For now, all eyes are on whether $100 can hold — or break. Featured image from Dall-E, chart from TradingView 

Solana has taken a sharp nosedive, losing nearly 22% of its value and trading around $98.09. This steep drop has sent shockwaves through the crypto community, sparking fears of an imminent larger breakdown. SOL is now flashing red across the board, with sellers firmly in control and bulls scrambling to defend critical levels. The decline highlights increasing bearish sentiment, likely fueled by technical breakdowns, weak market confidence, and rising concerns over broader economic trends. With the $100 psychological barrier now broken, all eyes are on the next key support zones. Is A Deeper Correction On The Horizon? In his recent post on X, King_Ab highlighted that Solana is currently trading around $98.09, marking a sharp 21.84% drop from its previous close. He further noted that the day’s trading session has been highly volatile, with SOL reaching a high of $120.07 and dipping as low as $98.06, underscoring the intense pressure in the market. Related Reading: Solana (SOL) Freefall—Can It Hold Above The $100 Danger Zone? According to King_Ab, this substantial drop in Solana reflects the broader downturn witnessed across the cryptocurrency market over the past week. The decline isn’t isolated but rather part of a wider trend of risk-off sentiment as investors react to global macroeconomic uncertainty and shifting market dynamics.  He pointed out that Solana’s market capitalization currently stands at approximately $51.15 billion, while its 24-hour trading volume hovers around $5.17 billion, indicating sustained trading activity despite the sharp correction. This combination of declining price and high volume could suggest either panic-driven sell-offs or aggressive repositioning by market participants Critical Support Breached: Can Solana Hold The Line Below $100? Solana’s drop below the key $100 mark signals a potential shift in momentum from bullish to bearish. This level has previously acted as a solid support zone, providing a bounce point during corrections. However, with the recent 21% decline, that line has been breached, and market sentiment is growing increasingly cautious. Related Reading: Solana Faces Defining Level At $120 – Will History Repeat? For SOL to regain its bullish momentum, it needs to swiftly reclaim and sustain levels above $100 to avoid further downside pressure. If this key level remains unheld, Solana might drop to the next support zone around $79.25. A break below this level could accelerate bearish sentiments, opening the door for an extended decline toward the $58.25 support area, where the bears may gain additional control. At this critical juncture, it’s essential to closely watch the price action for signs of stabilization or the risk of continued capitulation. As the bearish volume rises, Solana’s ability to reclaim the broken support level will likely dictate its short-term trajectory. Whether the price can recover above key levels will be a decisive factor in determining if the downtrend will persist or if a reversal is on the horizon. Featured image from Unsplash, chart from Tradingview.com

Solana continues to face mounting selling pressure as it struggles to reclaim the $150 level, with broader market uncertainty weighing heavily on price action. Down nearly 60% from its all-time high, Solana reflects the weakness seen across the crypto sector, where fear and volatility have returned to dominate investor sentiment. As macroeconomic instability and risk-off behavior persist, bulls have been unable to regain control, and confidence remains shaky. Related Reading: Dogecoin Faces Make-Or-Break Support Level – Will DOGE Hold? Top crypto analyst Ali Martinez recently shared an important technical analysis, identifying $120 as a critical make-or-break zone for Solana. According to Martinez, this level has historically marked major shifts in SOL’s price trajectory, often acting as the tipping point between recovery and further decline. With Solana now hovering dangerously close to this threshold, traders are watching closely to see whether it can hold or break. If $120 fails to act as support, it could trigger a deeper correction. On the flip side, holding this level could offer bulls a base to mount a potential comeback — especially if market conditions stabilize. For now, Solana remains in a vulnerable position, and how it behaves around this key level may define its direction in the weeks ahead. Solana Holds Critical Demand As Global Trade War Tensions Grow Solana is trading at a critical demand zone as selling pressure intensifies across the crypto market, driven by escalating global tensions and trade war fears. On Liberation Day, US President Donald Trump announced sweeping new tariffs, sparking strong responses from major economies like China. The fallout has shaken investor confidence across all markets, including crypto, where risk assets are feeling the weight of heightened uncertainty and reduced appetite. Solana (SOL) has been especially vulnerable, with price action slipping toward key support levels. Analysts warn that if current demand fails to hold, the downtrend could accelerate. The next few days will be crucial, as continued weakness into next week could confirm a bearish breakdown. Many traders are already preparing for more downside if the market doesn’t stabilize soon. Martinez recently highlighted the importance of the current support zone. According to his analysis, the $120 level is a decisive make-or-break point for Solana. This zone has historically marked major trend reversals and shifts in momentum. A failure to hold above it could lead to a deeper correction, while a bounce from this level could spark a recovery. With SOL already 60% down from its all-time highs, bulls are on the defensive. If they can defend $120, there’s still hope for a reversal — but losing it may signal that the broader bearish trend remains intact. In the days ahead, all eyes will be on Solana’s ability to hold the line as macro pressure continues to shape the crypto market’s direction. Related Reading: Massive Chainlink Demand Wall At $6.26 As 90K Investors Buy 376M LINK Key Weekly Support Faces Breakdown Risk Solana is currently trading at $120, on track to record its lowest weekly close since February 2024. After weeks of selling pressure and repeated rejections below the $150 level, bulls are running out of time to defend key support. The inability to reclaim $150 — a major resistance zone — has kept SOL trapped in a bearish structure, with momentum firmly in favor of the bears. For any hopes of a recovery rally to take shape, Solana must reclaim $150 in the coming days. That level remains the gateway to higher demand zones and a shift in short-term trend. However, if price action continues to weaken and $120 fails to hold, the next logical target is much lower — around the weekly 200-day MA and EMA, both converging near $95. Related Reading: Ethereum Whales Buy the Dip – Over 130K ETH Added In A Single Day This would represent a critical breakdown and likely trigger additional downside pressure, particularly if broader market conditions remain fragile. With macroeconomic uncertainty and trade war tensions weighing heavily on sentiment, Solana’s position looks increasingly vulnerable. Unless bulls step in soon, SOL could be facing a deeper retracement as it tests long-term support zones not seen since late 2023. Featured image from Dall-E, chart from TradingView 

In a new technical analysis shared via X, crypto analyst Scott Melker aka The Wolf Of All Streets (@scottmelker) highlighted a critical support-resistance setup for Solana (SOL), emphasizing what he views as a textbook bounce off of a key technical level. “Picture perfect bounce off of $112 support. Double bottom would confirm with a break above $147, the swing high between the two bottoms. Don’t let anyone call it a double bottom until that happens. Regardless, nice bounce off of support with defined resistance to watch,” Melker stated. The analyst’s chart shows SOL rebounding from near $112, reinforcing that zone as significant short-term support. For a bullish double-bottom pattern to validate, Melker points to a breakout above the downtrend line (currently around $130). If SOL breaks this resistance, $147 will be the critical level that would need to be breached. Until then, he advises caution about prematurely labeling the formation as a confirmed double bottom. Solana Bottom In? Notably, these remarks come on the heels of unlocks. According to a post by on-chain intelligence firm Arkham on Thursday, “$200M OF SOL UNLOCKING TOMORROW. Tomorrow (4th April) marks the largest single-day unlock of staked SOL until 2028. These 4 accounts staked a total of $37.7M of SOL in April 2021, and are up 5.5x at current prices.” The scale of these unlocks has generated considerable discussion on social media. Related Reading: Solana Bearish Continuation: $118 Support, The Last Barricade Against Deeper Another trader, NooNe0x, took a more optimistic stance, remarking, “SOL unlocks. Looking at the bright side, today’s unlock was the last large block. Today alone is as much as 40% of everything that is still left. It is 78% done, May, June and only large-ish blocks left. Ripping the bandaid off.” In other words, with the bulk of significant unlocks possibly behind it, the supply overhang from locked tokens might be dissipating. Historically, major token unlock events—whether for Solana or other projects—have often been anticipated well in advance by traders and investors. Markets “price in” that large holders sell their old tokens, sometimes driving prices lower ahead of the actual unlock. Once the unlock date arrives, if the anticipated sell-off does not materialize as severely as feared (or if much of the unlocked stake remains off the market), prices have tended to stabilize and often recover in the days or weeks that follow. Related Reading: Solana Leads The Bull Case For Crypto, Says Multicoin’s Samani This pattern emerges because many holders, especially larger or early investors, may opt to restake or hold onto their tokens if they maintain a strong fundamental outlook. Meanwhile, short-term traders who had been betting on unlock-related volatility might close positions once the event passes. This “buy the rumor, sell the news” (or vice versa) dynamic can lead to price whipsaws around unlock periods, but no single outcome is guaranteed; much depends on how much actual selling pressure surfaces and broader market sentiment at the time. Meanwhile, Awawat, a trader and angel investor at APG Capital, cautioned that Solana could be in a precarious position despite holding above $100. “SOL absolutely shrekt – broke 170 range low, bounced at 120 a few times – now holding above 100 but the ice is thin – last big unlock tomorrow – will bid sub-100 if given but this looks rough given the state of the trenches,” he wrote. At press time, SOL traded at $115. Featured image from Shutterstock, chart from TradingView.com

Solana’s price action is flashing warning signs as bearish pressure intensifies, threatening to push the asset below the critical $125 support level. Despite previous recovery attempts, sellers remain dominant, preventing any meaningful upside momentum.  If SOL fails to hold this key support, it could trigger a wave of panic selling, accelerating losses and exposing the price to deeper declines. With market sentiment hanging in the balance, all eyes are on whether bulls can stage a defense or if bears will finally break through, setting the stage for further downside. Solana Ongoing Bearish Trend In Focus The Solana price chart is currently displaying a bearish triangle formation, signaling a continuation of the downward trend. Initially, SOL attempted to break out above the upper boundary of the triangle, but the breakout lacked strong bullish momentum, leading to a swift rejection. This failure to sustain an upward move pushed the asset back toward the lower boundary of the triangle, where the $118 support level now comes into focus. Related Reading: Solana (SOL) Holds Steady After Decline—Breakout or More Downside? With continued selling pressure, Solana could face an extended bearish move, breaking below its current key support level and accelerating its decline. A confirmed breakdown beneath the bearish triangle would lead to a drop toward $118, the first major support zone. However, if the bearish momentum intensifies, this level may not hold. Below $118, the next significant support lies at $99, where some buyers could attempt to slow the decline. Should this level fail to provide stability, SOL could slide toward $79, a crucial psychological and technical support zone.  Continued weakness in market sentiment may push the price even lower, with $58 coming into play. For now, bulls must step in to defend these levels, or Solana risks an extended bearish phase. Can $118 Spark Up Bullish Again The $118 support level has emerged as a critical zone for SOL, with many traders watching closely to see if it can trigger a bullish turnaround. Historically, this level has acted as a strong demand zone, where buyers stepped in to absorb selling pressure and push prices higher. If similar market behavior plays out, SOL could see a rebound from this point. Related Reading: Solana Bears Eye $113 Target If Ascending Structure Breaks Down – Details According to CURB, in an X post on March 15, he forecasted that Solana’s price eyes decline to the $118 support level before experiencing a potential rebound. He believes that strong demand in this zone could trigger a significant price surge to the $1,000 mark in the long run. Fundamental factors, such as positive news on Solana’s ecosystem, increased network adoption, or improved overall market sentiment, could also act as catalysts for a price recovery. A surge in buying volume, particularly from whales and institutional investors, is likely to provide the momentum needed to shift market sentiment. Featured image from Adobe Stock, chart from Tradingview.com

Solana (SOL) is currently holding above the $125 mark, a level that has acted as support in recent weeks. While this may appear a sign of strength, the broader sentiment around SOL remains cautious. Analysts are warning that the latest surge in price could be nothing more than a bull trap, setting the stage for further downside. Despite the recent bounce, price action continues to show weakness, with lower highs forming on multiple timeframes — a classic sign of bearish continuation. Related Reading: XRP Must Break Above $3 To Invalidate Bearish Pattern And Flip Bullish – Analyst The overall crypto market remains under pressure, and many investors fear that a deeper bear market could be unfolding. Macroeconomic uncertainty, combined with rising risk-off sentiment, has added to the concern. As a result, confidence among retail and institutional investors is fragile. Some are exiting positions, while others are choosing to hold through the volatility, sitting on unrealized losses in hopes of a long-term recovery. With SOL struggling to establish clear momentum, analysts believe the path of least resistance remains to the downside unless bulls can reclaim higher levels with strong volume. A failure to maintain the $150 level could confirm bearish continuation and open the door for a move toward lower support zones. Until buyers return with conviction, Solana remains in a precarious position — caught between the fading momentum of a short-lived rally and the growing weight of market uncertainty. The coming days will be crucial in determining whether SOL can recover or if more pain lies ahead. Solana Key Test As Bearish Sentiment Grows Solana price action shows signs of weakness as bulls struggle to build momentum. The recent market surge brought temporary relief to altcoins, but many analysts warn it may have been a bull trap — a short-lived rally within a larger downtrend. With volatility rising again, Solana is now facing a critical test that could define its short-term direction. Investor sentiment remains divided. Some fear a deeper bear market is on the horizon, pointing to macroeconomic instability, rising interest rates, and broader risk-off sentiment. Others continue to hold through unrealized losses, hoping for a long-term recovery despite mounting uncertainty. As SOL trades in this fragile zone, conviction remains low, and every move is being closely watched. Runefelt highlighted a significant technical risk: if Solana’s current ascending support fails, the token could drop to as low as $113. This support line has so far held up against sell pressure, but repeated tests without a clear bounce raise the risk of a breakdown. A drop to $113 would mark a major correction and erase much of the gains made earlier in the year. Until bulls can reclaim higher resistance levels and confirm a breakout, the dominant trend remains bearish. Analysts are warning that unless Solana can hold its current structure, the next leg down could come quickly. With the market on edge and momentum fading, Solana’s price action over the coming days will be crucial in determining whether the asset can stabilize — or if further declines are ahead. Related Reading: Avalanche 12-Hour TD Sequential Flashes Sell Signal After Nailing 50% Rally – Details Bulls Aim To Reclaim Momentum Solana (SOL) is trading at $128 after two consecutive days of selling pressure, which erased a portion of its recent gains and pushed the asset back below key resistance levels. The market’s sudden shift in sentiment has left bulls on the defensive, with price action weakening across the board. For SOL to regain momentum and confirm a bullish reversal, reclaiming the $180 level in the coming days is essential. The $180 zone has acted as a significant resistance point during previous rallies, and a decisive move above it would likely trigger renewed buying interest and open the door to a broader recovery. Without this breakout, however, the outlook remains fragile. If bulls fail to push prices higher and reclaim critical levels, Solana risks falling deeper into bearish territory. Continued weakness could lead to another leg down, as traders eye lower support zones and brace for a potential bearish surge. Related Reading: Ethereum Fails To Break $2,100 Resistance – Growing Downside Risk? Market conditions remain volatile, and macro uncertainty continues to weigh heavily on risk assets. For now, SOL’s short-term future hinges on whether buyers can step in soon and drive a move back above the $150–$180 range to avoid a steeper decline. Featured image from Dall-E, chart from TradingView 

Solana (SOL) is showing early signs of recovery after enduring several days of selling pressure and heightened volatility. The altcoin is now trading above the $135 mark, a psychological level that bulls have managed to defend in recent sessions. While this move offers some relief to investors, Solana still has work to do before confirming a sustained uptrend. The broader market remains cautious, and SOL must reclaim key technical levels to strengthen the case for a full recovery rally. Related Reading: Ethereum Accumulation Is Almost Over – Breakout Above $2,200 Could Trigger Expansion Phase Adding to the optimism, top analyst Big Cheds highlighted a notable technical signal: Solana has tagged the upper Bollinger Band (BB) on the daily chart for the first time since it traded in the $270 range. This rare occurrence suggests that momentum is slowly shifting in favor of the bulls, though confirmation is still pending. The upper BB tag is often seen as an early indicator of building strength, especially when supported by increasing volume and follow-through in price action. For now, investors are watching closely to see if Solana can hold above $135 and push toward resistance levels that could confirm a trend reversal. Until then, the recovery remains tentative — but the signal from Big Cheds adds an encouraging twist. Solana Struggles Below $150 Solana (SOL) is now at a critical junction as it pushes to set new local highs just below the $150 level. While this upward move has brought temporary relief, analysts warn that the latest price surge could be nothing more than a bull trap. Related Reading: Dogecoin Breaks Above Bullish Daily Pattern – Analyst Sees A Surge To $0.43 Many are calling for a continuation of the broader downtrend, citing weak market sentiment and the possibility of deeper corrections across altcoins. The fear of an incoming bear market is growing among investors, with some choosing to exit positions, while others hold through unrealized losses in hopes of a future recovery. Ched’s analysis highlights that Solana has tagged the upper Bollinger Band on the daily chart — a signal not seen since the $270 range. This technical indicator could suggest that bullish momentum is building, possibly marking the start of a recovery rally. While confirmation is still needed, the tag hints at a shift in sentiment as bulls try to regain control. Currently, Solana remains 51% down from its January all-time high, highlighting the steep correction it has suffered in just a few months. Speculation, increased volatility, and heavy sell pressure have defined recent price action, leaving traders unsure about the next direction. However, a key technical development could shift the narrative. Price Action Details: Key Resistance Looms Solana (SOL) is currently trading at $144, with bulls facing strong resistance at the critical $150 level. Despite recent attempts to push higher, momentum remains weak, and buyers have yet to establish a clear breakout. The $150 mark is proving to be a psychological barrier, and failure to break through could signal more downside in the short term. However, the more decisive level to reclaim lies between $170 and $180 — a zone that has consistently acted as strong resistance during past rallies. For a true recovery to take shape, SOL must gain traction above this range and turn it into support. Until that happens, the risk of further downside remains elevated. Related Reading: Ondo Finance Eyes Breakout As Price Tests $0.89 Channel Resistance – Analyst If SOL continues to face rejection at $150 in the coming days, a drop below $135 becomes increasingly likely. This would reinforce bearish sentiment and potentially open the door to lower support levels, especially if broader market weakness persists. With price action stuck between key levels and uncertainty still dominating the market, Solana’s next move could set the tone for the weeks ahead. Bulls must act quickly to reclaim critical ground before selling pressure returns in force. Featured image from Dall-E, chart from TradingView 

Kyle Samani, co-founder and managing partner of Multicoin Capital, outlined his renewed Solana bull thesis in an interview with Frank Chaparro.. Multicoin, one of Solana’s earliest backers since its seed round in 2018, is doubling down on its conviction that Solana is the most strategically positioned blockchain to power the future of decentralized finance and payments. Samani made it clear that Multicoin’s outlook on the crypto sector has sharpened significantly over the years. “We’ve fundamentally recognized that these systems are financial systems, first and foremost,” he stated. “We need to be focused on investing in things that are fundamentally tied to innovations in finance.” Samani reflected on the broader downturn in venture funding across the crypto space, pointing to a necessary reckoning around utility and real-world applicability. According to DeFiLlama data cited in the interview, venture capital inflows have now dipped below 2017–2018 levels despite increasing regulatory clarity. Samani attributes this to an overdue market correction away from overfunded, non-viable projects. “People, LPs, have funded crypto venture funds with the implicit implication that crypto will substantially impact all parts of the economy. And I have a narrower view — I think it will have a very high impact in financial services. Otherwise, I generally don’t care.” Related Reading: Solana (SOL) Gains Capped—Breaking $150 Won’t Be Easy This recalibration has led Multicoin to double down on areas where product-market fit is finally emerging, including stablecoins, real-world assets (RWAs), decentralized physical infrastructure networks (DePIN), and cross-border payment systems. “We have these areas now where there’s definitive market fit,” Samani said, highlighting projects like Felix Pago’s remittance network in Mexico and growing interest in crypto-native labor marketplaces integrating stablecoin payouts. Solana’s Edge: Speed And On-Chain Order Books Central to Multicoin’s latest thesis is the growing realization that Solana remains unmatched in providing the speed, throughput, and cost structure necessary to support global financial applications at scale. “If you look at core L1 infrastructure, Solana is the fastest horse today,” Samani asserted. He emphasized that after five years since mainnet launch, Solana is now on the cusp of making fully on-chain order books not only possible but functionally competitive with centralized exchanges. “Latency was not low enough. Chain would fall over […] But as the chain has gotten more stable, as latency’s come down, as throughput is increased, that’s made it more usable for on-chain order books,” Samani explained. He expects the market to reach an inflection point in the next three to six months, where on-chain order books are “functionally usable for both makers and takers, comparable enough to Binance and Coinbase.” Key to unlocking this potential, according to Samani, is “conditional liquidity” — an innovation he believes is now within reach thanks to the maturity of the Solana ecosystem. Ethereum Vs. Solana Samani drew a sharp contrast between Solana’s singular optimization for financial use cases and Ethereum’s generalized approach. “Ethereum’s core problem is they’re not optimized for anything,” he argued. “The definition of focus is saying no to things. And they absolutely refuse to do so.” While Ethereum pursues roll-up-centric scaling, Samani remains skeptical of both the intra- and inter-roll-up challenges. “All of the rollups we have today are entirely centralized in their operations,” he noted. “Ethereum started off maximum decentralization […] and the path to scaling is to centralize and then re-decentralize. It strikes me as bizarre.” Related Reading: Solana Price On The Verge Of A ‘Big Breakout’ — Here’s The Target In contrast, Samani believes Solana’s monolithic architecture — emphasizing low latency and high throughput — is best suited for building the backbone of Internet-native capital markets. “You have to be focused on latency, throughput, and gas cost,” he said. “Bitcoin and Ethereum from inception were always like, ‘Oh my God, scarcity.’ Solana’s perspective has always been, ‘Let’s let Moore’s Law do its thing and run a billion transactions in parallel.'” Regulatory Winds Shifting Samani also described a noticeable shift in the regulatory environment, referencing the White House Crypto Summit where he sat alongside major industry figures. “It was really awesome for me to see that they committed two hours, they sat there with us, they listened, they took notes, and they were asking really good questions,” he said. In Samani’s view, this new dialogue with Washington is already catalyzing changes in capital flows. Multicoin has seen several of its largest LPs — historically venture-only — express interest in their liquid hedge fund product. “Three of our largest LPs have all called us since the election and said, ‘Hey, we would like to explore your liquid fund.’ We feel pretty good that the tides are shifting.” Samani reiterated that, from a risk-reward standpoint, liquid markets — specifically top-performing tokens like Solana and its ecosystem projects — now offer the most compelling opportunities. “My general belief today is that the easiest money to be made in crypto is buying liquid names that are the winners in their respective areas.” Five years after backing Solana in its earliest days, Multicoin Capital remains unwavering in its conviction. “We underestimated the difficulty of on-chain order books,” Samani admitted. “But we never gave up on it, and I think we’re pretty close now.” At press time, SOL traded at $140. Featured image created with DALL.E, chart from TradingView.com

Solana (SOL) is back in the spotlight as its price rockets past the $137 level, marking a significant milestone in its ongoing rally. This surge comes amid a wave of renewed optimism in the crypto market, with Solana leading the charge as one of the top-performing assets. Furthermore, breaking through the $137 barrier is no small feat. This level had previously served as a key resistance point, and its breach signals a potential shift in market sentiment. Will this breakout pave the way for a sustained upward trajectory, or is a correction on the horizon as traders lock in profits? Solana Breakthrough: A Closer Look At the $137 Milestone From a technical perspective, the $137 level was a critical psychological barrier that had capped SOL’s price multiple times. Breaking through this resistance required strong buying pressure and positive market sentiment, both of which have been evident in recent weeks. Related Reading: Solana Price Faces Slowdown: Support And Resistance Levels To Keep An Eye On So far, SOL’s upward move has been backed by steady volume growth of over 100%, signaling strong market participation and increasing investor confidence. This surge in trading activity indicates that buyers are actively accumulating, reinforcing the bullish momentum and reducing the likelihood of a premature reversal. Additionally, momentum indicators like the Relative Strength Index (RSI) remain firmly in bullish territory, climbing up to 69%, which signals that the rally still has fuel. With Solana’s RSI now approaching the 70% level, it suggests that buying pressure remains strong, and bulls are in control of the market. For SOL to extend its gains, buying interest must remain strong, and key resistance levels must be cleared with conviction. If demand persists, the rally could continue, but a loss of momentum might lead to a consolidation or short-term retracement Price Targets: Where Could SOL Be Headed Next? With Solana maintaining its position above $137, traders are now looking ahead to potential price targets. If the uptrend continues, the next key resistance level to watch is around $164, a barrier that may determine whether SOL extends its rally. Furthermore, a successful break above this zone could open the door for a move toward $211, where previous price action suggests strong selling interest. Related Reading: Solana Price On The Verge Of A ‘Big Breakout’ — Here’s The Target Beyond $211, SOL targets the $240-$260 range, a crucial area that would mark a significant recovery to its all-time high levels. However, sustained buying pressure and increasing volume are essential for a bullish scenario. On the downside, if Solana faces rejection at $164, a pullback could occur, with $137 acting as a key support zone. A breakdown below the level might shift momentum in favor of the bears, leading to a deeper correction toward the $118–$99 range. Featured image from Adobe Stock, chart from Tradingview.com

Florida-based Volatility Shares LLC is launching two exchange-traded funds (ETFs) tied to Solana futures. According to a filing with the US Securities and Exchange Commission (SEC), these products will begin trading today—marking the first time traditional finance (TradFi) investors gain specialized ETF access to all of the five largest cryptocurrencies by market capitalization. The CME Group, the world’s largest futures exchange, introduced Solana futures on Monday. Building on that, Volatility Shares’ Solana ETF will replicate the performance of these Solana futures starting tomorrow. Meanwhile, the Volatility Shares 2X Solana ETF (ticker: SOLT) will offer double leveraged exposure for those looking for amplified returns in the still-nascent Solana futures market. “First-ever Solana ETFs in the US are launching in tomorrow from VolShares. Will track futures. One is 2x. Solana equiv of BITO and BITX,” commented Bloomberg analyst Eric Balchunas in a post on X yesterday. Related Reading: Solana Holds Bullish Pattern – Expert Sets $140 Target Despite the fanfare around these new ETFs, the initial enthusiasm for Solana futures seems relatively modest. Recent data shows that Solana futures have generated a daily nominal trading volume of approximately $12.3 million—a stark contrast to the early days of Bitcoin and Ethereum futures, which saw substantially higher figures at their respective launches. However, research firm K33 points out that the lower nominal volume aligns with Solana’s market capitalization when compared proportionally to Bitcoin and Ethereum’s size at their debuts. “With little fuzz and fanfare, SOL futures launched on CME yesterday. Launch day volumes were well below those of the BTC and ETH launches. However, if you normalize volumes to market caps at the launch days, the launch aligns closer to the two,” wrote Vetle Lunde, Head of Research at K33, in a X post. Solana Price At A Pivotal Point Solana is currently trading at $131.6, down more than 50% from its all-time high (ATH) in mid-January. Much of this downturn has been attributed to waning enthusiasm in memecoins—an area where Solana has been particularly active and has often been billed as an “Ethereum killer.” Related Reading: Solana Price Crash To $90? Why A 26% Decline Could Rock This Crypto Still, over the past 24 hours, Solana has gained more than 6%, partly buoyed by the broader crypto market’s reaction to the latest Federal Open Market Committee (FOMC) decision. While the Federal Reserve opted to keep its benchmark interest rate unchanged, the central bank also announced a significant slowdown in its bond runoff program—often referred to as “quantitative tightening.” Starting in April, the Fed will reduce its monthly government bond runoff from $25 billion to $5 billion, a move that many analysts interpret as bullish for risk assets like cryptocurrencies. From a technical perspective, the SOL price is approaching the 0.5 Fibonacci retracement level at $133, a threshold that closely aligns with the 100-day Exponential Moving Average (EMA) at $133.65. A daily close above both levels would be considered bullish, opening the possibility of a rally toward the 0.618 Fibonacci retracement at $166.7, which intersects with the 50-day EMA. In the longer term, traders are eyeing the mid-January ATH near $296 as a potential target—although conquering the immediate resistance levels remains a critical hurdle. Featured image from Shutterstock, chart from TradingView.com

Solana has been struggling since late January, experiencing a sharp decline alongside the broader crypto market. SOL has lost over 60% of its value, with bulls now fighting to hold onto current price levels. Analysts remain skeptical, calling for a continuation of the downtrend as Solana struggles to reclaim higher levels. Related Reading: Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst Despite the negative sentiment, some investors remain optimistic about a quick and strong recovery in the coming months. They argue that market conditions could shift rapidly, especially if broader economic factors and liquidity conditions improve. On-chain data from Glassnode reveals that Solana faces a major test, as $135 is the most important resistance level according to the UTXO Realized Price Distribution (URPD) indicator. This metric identifies key price levels where large amounts of SOL have previously changed hands, making $135 a critical level for price action. If SOL can break and hold above $135, it could signal a trend reversal and open the door for a potential recovery. However, failure to reclaim this level could result in further downside, reinforcing the bearish outlook. The coming weeks will be crucial for determining Solana’s next major move. Solana Struggles Below Key Resistance as Bears Take Control Solana has been trading under heavy selling pressure, struggling to reclaim key levels after weeks of market uncertainty. Bulls lost control once SOL dropped below the $180 mark, and now speculation about a prolonged bear market is rising. The price remains stuck below key resistance, making a recovery challenging. Top analyst Ali Martinez shared insights on X, revealing that Solana faces a major test at the $135 level, which has been identified as the most important resistance based on the UTXO Realized Price Distribution (URPD) indicator. The URPD indicator is an on-chain metric that tracks the price levels at which coins were last moved. It highlights significant areas of accumulation, showing where investors have previously bought and sold. When many tokens have changed hands at a specific price, that level becomes a critical support or resistance zone. In Solana’s case, $135 represents a level where a large amount of SOL was last transacted. This means that if bulls reclaim $135, it could act as strong support and signal a trend reversal. However, if SOL fails to break above it, bears could reinforce selling pressure, leading to further downside. Related Reading: Ethereum Is Retesting A 5-Year Long Trendline – Massive Rally Incoming? Solana Faces Key Support Test at $126 Solana (SOL) is trading at $126 after experiencing massive selling pressure in recent weeks. The price has been in a strong downtrend, failing to reclaim key levels as market-wide uncertainty and volatility continue to drive sentiment. Currently, SOL is sitting at a crucial weekly demand level, which bulls must defend if they want to initiate a recovery or at least establish a consolidation phase around current prices. Holding this support could provide the foundation for a relief rally, but the market remains fragile. If SOL loses the $120 level, selling pressure could intensify, potentially sending the price toward the $100 mark or even lower. A break below this demand zone would indicate further weakness and could trigger panic selling, leading to deeper losses across the altcoin market. Related Reading: 130,000 Ethereum Moved Off Exchanges – Bullish Signal? For any meaningful recovery, bulls need to push SOL above $135 and reclaim $150 to shift momentum in their favor. Until then, downside risks remain high, and traders will closely watch how Solana reacts at this critical support level in the coming days. Featured image from Dall-E, chart from TradingView