Solana started a fresh increase above the $88 zone. SOL price is now consolidating above $90 and might aim for more gains above the $95 zone. SOL price started a fresh upward move above the $85 and $88 levels against the US Dollar. The price is now trading above $90 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $89 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $95 resistance zone. Solana Price Regains Traction Solana price started a decent increase after it settled above the $85 zone, like Bitcoin and Ethereum. SOL climbed above the $88 level to enter a short-term positive zone. The price even smashed the $90 resistance. The bulls were able to push the price above $92. A high was formed at $94.10, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent upward move from the $82.50 swing low to the $94.10 high. Solana is now trading above $90 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $89 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near $92. The next major resistance is near the $95 level. The main resistance could be $100. A successful close above the $100 resistance zone could set the pace for another steady increase. The next key resistance is $108. Any more gains might send the price toward the $112 level. Downside Correction In SOL? If SOL fails to rise above the $92 resistance, it could start another decline. Initial support on the downside is near the $90 zone. The first major support is near the $88.50 level and the trend line or the 50% Fib retracement level of the recent upward move from the $82.50 swing low to the $94.10 high. A break below the $88.50 level might send the price toward the $84 support zone. If there is a close below the $84 support, the price could decline toward the $78 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $90 and $88.50 Major Resistance Levels – $92 and $95.
Solana failed to stay above $90 and corrected some gains. SOL price is now below $88 and might aim for another increase above $90. SOL price started a downside correction below $88 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $85 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $84 zone. Solana Price Remains Supported Solana price failed to stay above $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $88 and $87 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $81.71 swing low to the $90.29 high. The price even tested the $85 support. Besides, there is a bullish trend line forming with support at $85 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $88 level. The next major resistance is near the $90 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $96. Any more gains might send the price toward the $100 level. More Losses In SOL? If SOL fails to rise above the $90 resistance, it could start another decline. Initial support on the downside is near the $85 zone, the trend line, and the 61.8% Fib retracement level of the upward wave from the $81.71 swing low to the $90.29 high. The first major support is near the $84 level. A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $76.50 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is near the 50 level. Major Support Levels – $85 and $82. Major Resistance Levels – $88 and $90.
Solana has spent weeks compressing inside a tightening range, with price action forming a structure that suggests a breakout is brewing. As volatility contracts, pressure continues to build within the pattern. A decisive move above $88.60 could serve as the trigger bulls have been waiting for, potentially unleashing a sharp, impulsive rally as stored momentum is released. Volatility Squeeze On Solana — Triangle About To Resolve Solana has been trading within a tight sideways range for the past three weeks, gradually forming what appears to be a triangle pattern on the chart. Related Reading: Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks According to More Crypto Online, a decisive break above the Sunday high at $88.60 would serve as the first clear indication that bulls are stepping back in with strength. Such a move would suggest that the triangle formation is nearing completion and could mark the beginning of a sustained upside breakout. Triangle patterns are particularly important because they often precede aggressive expansions. As price continues to coil within the structure, volatility contracts, and pressure build. This compression phase stores energy, increasing the probability that the eventual breakout will be forceful rather than gradual. Once price clears a key boundary, the release of that built-up momentum can trigger a sharp and impulsive move. 200 SMA And Range Hold Key To $85 Reclaim In a recent Solana analysis, Umair Crypto emphasized that the key level to watch is BTC’s pair 200 SMA and range structure. A sustained hold above these levels would open the door for an $85 reclaim. However, failure to maintain that strength would likely keep SOL trapped in the broader $77–$90 consolidation range, a scenario that has now persisted for 24 days, with no structural change since the initial call. Related Reading: Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets Structurally, the two pairs are telling different stories. On the USDT chart, SOL continues to print lower highs, signaling weakness. Meanwhile, the BTC pair is showing relative strength, forming higher highs and suggesting a more constructive trend. This divergence creates a pivotal moment where resolution could tilt either bullish or bearish, depending on which structure ultimately confirms. At present, the BTC pair has pushed above its range and reclaimed the 4H 200 SMA. However, Umair Crypto cautions that this setup has failed before, causing the price to slip back below the 200 SMA and re-entering the range, invalidating the breakout. For a true breakout scenario to activate, the BTC pair must hold above both the range and the 200 SMA with a clean retest. If that happens, strength could transfer to the USDT pair, making the $85 point of control a key reclaim target. If not, further rotation within the $77–$90 range remains the most likely outcome. In short: no confirmed hold, no confirmed breakout, BTC pair confirms, USDT executes. Featured image from Adobe Stock, chart from Tradingview.com
Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead to a staggering 50% decline to $30 once the price breaks. Solana Bear Flag Pattern Signals Crash To $30 On Tuesday, February 24, Jussy took to X, warning crypto investors and traders that Solana could be heading toward a dramatic price collapse. The analyst notes that the leading smart contract token is currently at a critical support level of $76.57 on the price chart that could define its next bearish move. Related Reading: Wondering What’s Going On With Solana? Projects Are Taking Massive Hit As Price Plunges Looking at the daily chart, Jussy has identified a Bear Flag formation that has been developing since early February 2026. The pattern shows price consolidating within a descending channel after a steep sell-off from above $112, underscoring Solana’s continued downtrend over the past months. Should the $76.57 support level give way, the analyst projects a measured move from the Bear Flag pattern to $37.88, representing a potential decline of more than 50% from current levels. Jussy also said in his analysis that Solana is on a path to $30, suggesting the altcoin could fall even further to that level. Notably, the analyst’s bearish forecast arrives amid Solana’s recent price struggles, as broader market volatility and shifting investor sentiment weigh heavily on the sector. With the crypto bear market already in full swing, SOL has been trading sideways, mirroring the weak performance across major cryptocurrencies, including Bitcoin. CoinMarketCap’s data also shows that Solana’s price has fallen by more than 38% since the start of the year. While it was trending downward just last week, the altcoin has since staged a slight recovery from the $76 level, highlighted in Jussy’s chart analysis. As of writing, SOL is trading above $86, up more than 13% from the critical support level. Should upward momentum persist, it could signal a potential deviation from the analyst’s bearish $30 forecast. Triple Top Pattern Signals Lesser Decline To $60 For his second bearish forecast, Jussy highlighted that Solana has formed a Triple Top pattern on its four-hour chart. This pattern is characterized by three successive failed attempts to push higher, with each one printing at a lower peak than the last. The structure, visible across the January and February price action, suggests buyers have been steadily losing momentum after each recovery attempt. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard If the $76.57 support level breaks, Jussy sees a measured move from the Triple Top pattern down to $61.73 as Solana’s next target. A drop to this level would represent a roughly 19% crash from the support area. Featured image from iStock, chart from Tradingview.com
Solana started a fresh increase above the $82 zone. SOL price is now consolidating above $85 and might aim for more gains above the $95 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $82 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $87 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $88 resistance zone. Solana Price Regains Traction Solana price started a decent increase after it settled above the $82 zone, like Bitcoin and Ethereum. SOL climbed above the $85 level to enter a short-term positive zone. The price even smashed the $88 resistance. The bulls were able to push the price above $90. A high was formed at $92, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent upward move from the $75.64 swing low to the $92.05 high. Recently, there was a break above a bearish trend line with resistance at $87 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $88. The next major resistance is near the $92 level. The main resistance could be $95. A successful close above the $95 resistance zone could set the pace for another steady increase. The next key resistance is $100. Any more gains might send the price toward the $106 level. Downside Correction In SOL? If SOL fails to rise above the $88 resistance, it could start another decline. Initial support on the downside is near the $85.50 zone. The first major support is near the $84 level or the 50% Fib retracement level of the recent upward move from the $75.64 swing low to the $92.05 high. A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $78 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $85.50 and $84.00 Major Resistance Levels – $88 and $95.
Solana failed to settle above $85 and trimmed some gains. SOL price is now recovering losses from $76 and showing a few positive signs. SOL price started a decent recovery wave above $78 and $80 against the US Dollar. The price is now trading above $80 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $82 and $84. Solana Price Attempts Recovery Solana price remained stable and started a decent recovery wave above $78, like Bitcoin and Ethereum. SOL was able to climb above the $80 level. There was a move above the 50% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Besides, there was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair. However, the bears are active near $82.50 and the 61.8% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $82 level. The next major resistance is near the $84 level. The main resistance could be $85. A successful close above the $85 resistance zone could set the pace for another steady increase. The next key resistance is $92. Any more gains might send the price toward the $95 level. Another Decline In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $80 zone. The first major support is near the $79 level. A break below the $79 level might send the price toward the $77 support zone. If there is a close below the $77 support, the price could decline toward the $74 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $80 and $77. Major Resistance Levels – $82 and $85.
Solana’s (SOL) latest price decline is unfolding against a broader period of weakness across the digital asset market, with traders increasingly shifting toward risk-off positioning. Related Reading: Ready For A 443% Dogecoin Move? The Meme Coin Just Touched A Historically Explosive Level After weeks of steady losses, SOL has slipped below key technical levels, raising questions about whether current support can hold or if another leg lower is approaching. Market data shows declining trader confidence, rising short positioning, and weakening on-chain profitability. According to data tracked on CoinMarketCap, Solana recently traded in the high-$70 range after failing to maintain momentum above $95 earlier in the year. The move extends a six-week losing streak and places the asset near critical support zones that analysts say will likely determine the next directional move. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Derivatives Markets Signal Growing Downside Risk Open interest in Solana futures fell roughly 2% to about $5.09 billion, even as trading volume surged sharply. This combination often indicates liquidations rather than fresh buying activity. Also, funding rates have turned negative, and the long-to-short ratio has dropped below 1, suggesting more traders are positioning for further dips. Short bias has also appeared among larger accounts despite retail traders maintaining leveraged long exposure on exchanges such as Binance and OKX. Analysts warn that this imbalance could increase the risk of additional volatility if support levels fail. Technically, Solana remains below major moving averages, while momentum indicators continue trending downward. RSI readings near oversold territory reflect sustained selling pressure rather than confirmed reversal signals. On-Chain Data Shows Weakening Holder Confidence On-chain metrics support the cautious outlook. Figures from Glassnode indicate that only about 20% of Solana addresses are currently in profit, the lowest level since late 2023. During previous market downturns, similar readings appeared closer to capitulation phases, suggesting downside risk may not yet be exhausted. Long-term holder accumulation, which strengthened earlier in the year, has slowed notably as the price dropped below $100. Analysts interpret this as declining conviction among investors who previously absorbed supply during pullbacks. Key Levels Traders Are Watching Chart data shows immediate support clustered between $75 and $67. A decisive break below this region could expose lower targets near $62 or even $60 if selling accelerates. On the upside, recovery attempts face resistance around $82–$83, where a bearish trend line has formed. Related Reading: Political Meme Coins Implode: TRUMP Down 92%, MELANIA Nearly Wiped Out Solana’s outlook hinges on whether buyers can defend the February lows. Without a sustained reclaim of higher resistance zones, market structure suggests the broader downtrend remains intact as crypto market uncertainty continues to weigh on sentiment. Cover image from ChatGPT, SOLUSD chart on Tradingview
Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $85 and might struggle to start a recovery wave. SOL price started a fresh decline below $85 and $82 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $82 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $75 or $70. Solana Price Dips Over 5% Solana price failed to remain stable above $95 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $90 and $85 support levels. The price gained bearish momentum below $82. A low was formed at $77.30, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $86.68 swing high to the $77.30 low. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $80 level. The next major resistance is near the $82 level or the 50% Fib retracement level of the downward move from the $86.68 swing high to the $77.30 low. There is also a key bearish trend line forming with resistance at $82 on the hourly chart of the SOL/USD pair. The main resistance could be $83.10. A successful close above the $83.10 resistance zone could set the pace for another steady increase. The next key resistance is $87. Any more gains might send the price toward the $92 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $77 zone. The first major support is near the $75 level. A break below the $75 level might send the price toward the $70 support zone. If there is a close below the $70 support, the price could decline toward the $62 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $77 and $75. Major Resistance Levels – $80 and $82.
The crypto analyst who warned Solana (SOL) traders to sell near the cycle top at $250 is back with a new outlook after the market validated his earlier call. Crypto Patel says the decline in SOL’s price following his $200-$250 exit zone has now created the conditions for a new long-term opportunity, but only if another key level gives way. His latest chart frames Solana’s price action as a repeatable cycle of euphoric expansion and sharp correction before the next major rally. Crypto Patel Shares New Solana Price Prediction In a recent post on X, Crypto Patel reminded community members that when Solana was trading near its peak between $250 and $200, most investors were projecting a run to $1,000. Instead, the price reversed from a high around $295 and collapsed to near $67, marking a massive 77% drawdown from the top. Related Reading: Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard Now, the analyst is presenting a new outlook, warning of a potentially similar decline in Solana’s price this cycle. He notes that Solana is now testing the $85 level, which corresponds to the 0.382 Fibonacci retracement on the chart. The zone has acted as a temporary support; however, it remains structurally weak given the broader trend of lower highs since the peak. The analyst suggests that if Solana fails to break $85, its price could slide into the $50- $30 range, extending its decline over the past two years. He has labeled this area as a strong Fair Value Gap (FVG) accumulation zone based on historical demand and volume behavior. The accompanying chart also maps prior expansion phases in which Solana surged by thousands of percent after long consolidation periods. In the 2021 bull cycle, price rallied by more 24,234.55% and then declined by 97.01% the following year. Crypto Patel’s current projection places Solana in a similar expansion and corrective phase. The cryptocurrency has already experienced its expansion stage in 2024, when its price jumped by more than 3,699% to a peak of around $295. Now the analyst predicts an upcoming correction, where price is expected to decline by a whopping 89.44% in mid 2026. Long-Term Targets Remain Intact Despite Correction Despite the bearish short-term outlook, Crypto Patel has not abandoned his long-range bullish projections for SOL. He maintains that once the corrective phase is complete, Solana could still target the $500– $1,000 range. His chart projects a sharp upward surge toward the $1,000 level by 2027, representing a massive 3,103% surge. Related Reading: XRP, Solana Secure Inflows As Institutions Move $1 Billion Out Of Bitcoin And Ethereum Going further, the analyst also shared his bullish price projection for Solana by late 2029. He expects that once the price hits $1,000, SOL could rally strongly and steadily toward $10,000. He has marked $9,270 as the next long-term target, reflecting a rally of approximately 27,660%. Featured image from Freepik, chart from Tradingview.com
While digital asset funds recorded significant capital outflows for a fourth consecutive week, Solana (SOL) has become one of the few assets still attracting fresh investment. Related Reading: After Extreme Pessimism, Crypto Market Conditions Begin To Stabilize: Analysts Similarly, the SOL price action shows the token locked in a tight consolidation range around $85, leaving traders watching closely for a decisive move. Recent data also shows Solana ETFs pulled in roughly $31 million in weekly inflows, even as broader crypto investment products lost $173 million. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Solana ETF Inflows Stand Out Amid Broader Market Withdrawals According to flow reports, crypto funds have faced sustained selling pressure, with the United States leading withdrawals while Europe and Canada recorded inflows. Despite the broader risk-off environment, Solana attracted new capital alongside a small group of alternative assets. The inflows suggest continued institutional interest through regulated investment vehicles, which typically require spot exposure or derivatives hedging tied to the underlying asset. Analysts note that such flows can provide steady demand, even when short-term market sentiment remains uncertain. However, ETF demand has not yet translated into a clear price recovery. Solana continues trading within a compressed range between roughly $77 and $90, signaling indecision among market participants. SOL Price Holds Key Support as $92 Remains Critical Resistance Technically, the SOL price has entered a consolidation phase after failing to maintain momentum above $90. The token is currently trading above the $85 region, supported by buyers defending the $82 level. Short-term charts show a rising channel forming, with resistance near $88 and a major barrier at $92. Analysts widely view a confirmed breakout above $92 as necessary to trigger a stronger rally, with potential upside targets around $95 and $102. On the downside, failure to hold support could expose lower levels near $76.50 or even $72. Some technical models also point to a bearish flag, suggesting a possible 25% decline to the mid-$60s if selling pressure accelerates. Momentum indicators present mixed signals. Oversold readings across several oscillators indicate selling exhaustion may be developing, yet trend-strength indicators still confirm that a broader downtrend remains intact. Network Growth and Long-Term Outlook Keep Bulls Interested Despite price weakness, on-chain developments continue to draw attention. Total value locked on the network has reached new highs, and institutional experimentation with the blockchain has expanded, signaling ongoing ecosystem activity. Related Reading: Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom Longer-term projections remain divided. Some analysts see evidence of reaccumulation patterns that could support a recovery if key resistance levels are reclaimed, while others warn macro conditions and declining risk appetite may limit upside in the near term. Cover image from ChatGPT, SOLUSD chart from Tradingview
Solana failed to stay above $90 and corrected gains. SOL price is still above $85 and might attempt another increase in the near term. SOL price started a downside correction below $90 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $85 zone. Solana Price Starts Downside Correction Solana price failed to surpass $92 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $90 and $88 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. However, the bulls were active above the $82 support. The price is back above $85. There is also a rising channel forming with resistance at $88 on the hourly chart of the SOL/USD pair. Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $88 level. The next major resistance is near the $90 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level. Another Decline In SOL? If SOL fails to rise above the $92 resistance, it could start another decline. Initial support on the downside is near the $85 zone. The first major support is near the $82 level or the 61.8% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. A break below the $82 level might send the price toward the $76.50 support zone. If there is a close below the $76.50 support, the price could decline toward the $72 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $85 and $82. Major Resistance Levels – $88 and $92.
Solana is tightly compressed inside a defined range after sweeping liquidity on both sides. With volatility fading and pressure building, the current structure suggests a major breakout move could be approaching. $77–$90 Range Remains Firmly Intact Solana remains locked inside a well-defined $77–$90 range, with the broader outlook suggesting that any major resolution is more likely to unfold to the downside toward $57. According to Umair Crypto, the price has been consolidating within this band for the past 11 days, with liquidity already swept on both ends. That behavior signals a balanced market environment rather than a trending one. Related Reading: Solana Funding Rates Hit 17-Day Negative Streak — What This Means For Price Currently, Solana is trading below the range’s point of control (POC), which introduces slight short-term bearish pressure. However, from a structural standpoint, the market remains in choppy consolidation. A short-term move toward $81–$82 remains possible for another rotation higher, and even a marginal push toward $93 could occur if the highs are taken again. Still, unless $90 is decisively reclaimed and flipped into support with strong volume, such moves would likely qualify as deviations rather than sustainable breakouts. For now, the primary expectation is continued consolidation before a larger expansion phase begins. If the range ultimately resolves to the downside, $57 stands out as the broader target. Until a clear structural shift occurs, this remains a range-trading environment, not trend-trading. Solana Wyckoff Reaccumulation Unfolding After Brutal Downtrend Trader Tardigrade recently shared a detailed outlook suggesting that Solana is undergoing a classic Wyckoff Reaccumulation pattern after its prolonged and exhausting grind lower. Following months of distribution-like price action and volatility, the current structure appears to be transitioning into a base-building phase that could eventually support a larger cycle advance if key levels continue to hold. Related Reading: Solana (SOL) Trades Heavy Below $90 As Breakdown Risk Grows According to the breakdown, Phase A began with a Selling Climax (SC) near $110 in August 2024, followed by an Automatic Rally (AR) toward approximately $264. Phase B then unfolded through multiple Secondary Tests (STs), alongside a notable Upthrust After (UA) fakeout near $295. Phase C appears to have completed with a Spring formation around the $68 level in early 2026 — a sharp wick rejection that likely swept liquidity before reversing. The market is now potentially entering Phase D, which would require Solana to firmly hold above $95 for a confirmed Sign of Strength (SOS) rally. If this structure continues to play out as outlined, projected upside targets include a Last Point of Support (LPS) near $150, a Backup (BU/LPS) zone around $250, and eventually a broader markup phase that could extend toward $350–$500 or higher. However, the bullish thesis remains conditional; SOL must continue to defend the Spring low and demonstrate constructive volume behavior to validate the larger cycle advance. Featured image from Freepik, chart from Tradingview.com
Solana failed to stay above $90 and corrected gains. SOL price is now trading below $85 and might find bids near the $76 zone. SOL price started a downside correction below $85 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $76 zone. Solana Price Starts Downside Correction Solana price failed to surpass $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $85 and $82 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. Besides, there is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $81 level and the trend line. The next major resistance is near the $82.20 level. The main resistance could be $85. A successful close above the $85 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $102 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could start another decline. Initial support on the downside is near the $76 zone and the 61.8% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. The first major support is near the $72.50 level. A break below the $72.50 level might send the price toward the $68 support zone. If there is a close below the $68 support, the price could decline toward the $60 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $76 and $72.50. Major Resistance Levels – $81 and $85.
Solana failed to settle above $90 and trimmed some gains. SOL price is now facing hurdles near $88 and might decline again below $82. SOL price started a decent recovery wave above $78 and $82 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $85 and $90. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave above $72, like Bitcoin and Ethereum. SOL was able to climb above the $80 level. There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active near $90. The price is now moving lower below $88. There is also a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair. Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low. The main resistance could be $96. A successful close above the $96 resistance zone could set the pace for another steady increase. The next key resistance is $105. Any more gains might send the price toward the $112 level. Downside Continuation In SOL? If SOL fails to rise above the $85 resistance, it could continue to move down. Initial support on the downside is near the $82 zone. The first major support is near the $80 level. A break below the $80 level might send the price toward the $75 support zone. If there is a close below the $75 support, the price could decline toward the $70 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $82 and $75. Major Resistance Levels – $85 and $92.
Solana’s (SOL) recent price action has put traders on alert once again. After sliding to multi-month lows near the lower-$80 range, SOL staged a sharp rebound of more than 6% in a short period, briefly easing fears of an immediate breakdown. Related Reading: Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend However, the recovery has done little to settle the broader debate. Analysts now see Solana caught between fragile support and overhead resistance, with the $98–$108 zone emerging as a key upside test if momentum can hold. Despite the bounce, market conditions remain cautious. SOL is still trading well below former support levels that have flipped into resistance, and several technical and on-chain indicators suggest the market has not yet found a clear directional bias. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Support Holds, but SOL Trend Remains Weak Solana is currently consolidating around the $83–$87 area, a zone many analysts view as critical short-term support. Multiple reports highlight that SOL has lost its prior monthly support between $98 and $100, confirming the broader downtrend remains intact. Price structure continues to show lower highs and lower lows, and SOL is trading below key moving averages, reinforcing bearish control. At the same time, oversold signals are beginning to appear. The Relative Strength Index on higher timeframes has dipped into levels that historically coincided with stabilization phases. Some analysts also point to the Money Flow Index nearing extreme readings, suggesting selling pressure may be losing intensity, even if buyers have yet to step in decisively. If the $85 area fails, downside targets cluster around $78–$80, with deeper support cited near $70. These levels align with historical demand zones observed during previous drawdowns. Solana ETF Outflows and On-Chain Signals Add Pressure On-chain data has added another layer of complexity. More than 1 million SOL reportedly left centralized exchanges over a 72-hour period, a move analysts interpret as stress-driven repositioning rather than clear accumulation. In parallel, Solana-linked ETFs recorded roughly $11.9 million in net outflows, the second-largest on record. Historically, large ETF outflows have sometimes appeared near capitulation phases, but they also limit near-term upside by reducing institutional participation. Long-term holder data further shows accumulation slowing, removing a source of price support that has cushioned past declines. Why $98–$108 Matters for Bulls Looking ahead, analysts agree that any meaningful recovery must reclaim the $98–$108 region. This zone represents both former support and a psychological barrier near $100. February forecasts from several market trackers suggest SOL could trade within this range if it stabilizes above current levels. Related Reading: Bernstein Calls Bitcoin Crash A ‘Crisis Of Confidence,’ Maintains $150,000 Target A sustained move above $108 could open the door to a broader trend reassessment, while repeated rejection would reinforce the prevailing bearish structure. Solana remains in a wait-and-see phase, with traders closely watching whether support holds, or whether another leg lower comes before a durable base is formed. Cover image from ChatGPT, SOLUSD chart on Tradingview
Solana failed to settle above $90 and remained in a range. SOL price is now facing hurdles near $90-$92 and might decline again below $80. SOL price started a decent recovery wave above $75 and $80 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88 and $92. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $68, like Bitcoin and Ethereum. SOL was able to climb above the $75 level. There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active below $90. There is also a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low. The main resistance could be $95. A successful close above the $95 resistance zone could set the pace for another steady increase. The next key resistance is $102. Any more gains might send the price toward the $112 level. Another Decline In SOL? If SOL fails to rise above the $92 resistance, it could continue to move down. Initial support on the downside is near the $84 zone. The first major support is near the $80 level. A break below the $80 level might send the price toward the $72 support zone. If there is a close below the $72 support, the price could decline toward the $68 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $84 and $80. Major Resistance Levels – $88 and $92.
Solana (SOL) is drawing selective investor interest even as the wider crypto market remains under pressure. While sharp price declines across major tokens have weighed on sentiment, recent fund flow data and on-chain activity suggest that capital is not exiting the ecosystem entirely. Related Reading: 5 Red Months In A Row: What’s Going On With Bitcoin And The Crypto Market? Instead, market participants appear to be separating near-term price weakness from longer-term network usage, creating a mixed but notable picture for SOL as it trades around $79. SOL's price records losses on the daily chart. Source: SOLUSD on Tradingview Solana ETF Inflows Stand Out Against Broader Outflows On February 5, U.S. spot crypto ETFs recorded uneven capital movements. Bitcoin spot ETFs saw net outflows of about $434 million, while Ethereum funds posted roughly $80.8 million in outflows. In contrast, Solana spot ETFs recorded net inflows of $2.82 million, according to data compiled by SoSoValue. Although modest in absolute terms, the inflows stood out against the broader trend of risk reduction. The data suggests that some institutional and professional investors are maintaining or adding limited exposure to Solana-linked products despite ongoing volatility in digital asset markets. Network activity offered a similar contrast. Solana processed more than $31 billion in decentralized exchange (DEX) spot volume over the past week, indicating sustained user engagement even as prices declined. This divergence between price action and activity has been a recurring theme during recent market stress. Price Pressure and Bearish Market Structure Despite ETF inflows, SOL price action remains weak. The token has fallen more than 30% over the past week, briefly trading in the $67–$68 range before rebounding to $80. Technical indicators continue to reflect bearish momentum. Futures data shows declining participation, with Solana’s open interest falling to around $5 billion, its lowest level since mid-April 2025. Funding rates have also turned negative, while the long-to-short ratio remains below one, signaling that more traders are positioned for further downside. On the charts, SOL remains in a clear downtrend. The break below key psychological levels near $100 and $85 accelerated selling pressure. Analysts now point to $82 and $76 as near-term support levels, with $60 still cited as a downside risk if selling intensifies. Institutional Interest Persists Despite Volatility Away from price charts, institutional developments continue to support Solana’s longer-term narrative. Recent announcements include corporate treasury initiatives using the Solana blockchain and partnerships in Asia focused on tokenizing traditional securities. These moves highlight ongoing experimentation with Solana’s infrastructure despite unfavorable market conditions. Related Reading: Bitcoin Edges Past Gold In Appeal, JPMorgan Says Currently, SOL sits at the intersection of weak short-term momentum and pockets of institutional and network strength. The $2.82 million ETF inflow does not reverse the broader downtrend, but it underscores that interest in Solana has not disappeared, even as markets remain under stress. Cover image from ChatGPT, SOLUSD chart on Tradingview
Solana has suffered a sharp sell-off that’s left its chart looking fragile, with price sliding straight into a key demand zone. Despite the drop, big money remains notably cautious, signaling that institutions may be waiting for clearer direction before stepping in. Solana’s Sharp Breakdown Leaves the Weekly Chart on Edge AltCoin Việt Nam noted that Solana has already suffered a sharp sell-off, a move that is clearly reflected on the weekly chart. Price dropped aggressively from the higher range and is now trading around the $90–93 zone. The bounce so far appears weak, and volume is not signaling strong participation from large buyers stepping in to defend the move. Related Reading: Solana Accumulation Narrative Strengthens With Big Institutions, A Rally Imminent? What stood out most in the update was the behavior of institutional players. Despite the lower prices, institutional ETFs have shown little interest in accumulating SOL in this zone. This contrasts sharply with earlier phases, when they were buying aggressively at much higher levels. Addressing questions from the community about whether institutions “knew” the crash was coming, AltCoin Việt Nam explained that this is not necessarily the case. Instead, institutional behavior simply differs from that of retail traders. Their decisions are driven more by trend structure, liquidity conditions, and capital flows than by attempts to predict exact price bottoms. Firstly, ETFs typically do not dollar-cost average in the same way retail investors do. When momentum is strong and inflows are active, they are willing to buy at higher prices to maintain exposure. However, once the trend breaks and volatility rises, waiting for clarity becomes more important than trying to catch the bottom. For institutions, entering at the right time with renewed momentum matters far more than buying at the lowest possible price. Finally, AltCoin Việt Nam highlighted that ETF accumulation is also dependent on capital inflows. Without fresh money entering the funds, there is little incentive or ability for them to add positions, even at discounted prices. For retail participants, the approach may differ. Short-term traders should not expect immediate institutional support, as large players currently have no urgency to step in. Step-Down Decline Brings SOL Into Key Demand Zone According to an update by BitGuru, Solana has been moving lower in a series of step-down declines, reflecting sustained bearish pressure. Price has now reached a key demand zone between $90 and $95, an area where buyers have previously stepped in to defend the market. Related Reading: Solana To Retest November Lows After $144 Rejection, But Analysts Remain Bullish BitGurun noted that selling pressure appears to be easing as SOL trades within this range, suggesting that the market is attempting to form a short-term base. If this demand zone continues to hold, BitGuru believes a relief move toward prior structural levels becomes increasingly likely. Such a move would represent a technical rebound rather than a full trend reversal. Featured image from iStock, chart from Tradingview.com
Solana’s market looks like a tightly wound spring right now. Prices have been slipping while futures activity is picking up, and that gap is what traders are watching most closely. Related Reading: Russia’s Biggest Exchange To Launch XRP Indices And Futures It’s a setup that can keep losses rolling — or flip fast if a wave of short covering hits. Either way, the scene is driven more by bets than by steady buying. Derivatives Betting Intensifies According to reports, more futures contracts for SOL are being opened even as the price moves lower. That means fresh bets are being placed, not just old ones being closed. Funding rates for perpetual contracts have moved into negative territory. When funding is negative, those backing short positions are paying those on the long side. It’s a clear sign of bearish leaning in the derivatives market. Leverage A Big Part Of The Story Reports say many of these positions are sized up with leverage. Traders are piling on with borrowed exposure. That raises the odds of violent swings because margin calls can trigger cascades. A squeeze can happen quickly. If a piece of positive news appears or a large buyer steps in, those who are short may be forced to buy back, and that buying itself can push the price up fast. Price is going down. Open Interest is going up. Funding is going down.$SOL is getting heavily shorted here. pic.twitter.com/YuYAy9lzZ0 — Ted (@TedPillows) February 4, 2026 Price Action Shows Weakness Across short-term charts — intraday and daily — SOL has been under pressure. Spot trading volume remains light, which makes every trade count more. Some traders are trimming risk because volatility in larger coins has spooked the market. In plain terms: fewer hands are willing to hold SOL at these levels, and that lack of real buying support keeps the downside pathway open. Volatility Could Swing Either Way This environment is speculative. High open interest plus negative funding is a bearish combo, but it also loads the market with risk. Covered shorts can unwind in a hurry. Liquidity gaps are where big moves start. The same factors that drive downward momentum can, under different circumstances, accelerate a rebound. Related Reading: Crypto Could Bounce Soon As Fundamentals Firm Up, Tom Lee Says Based on reports, the clearest signals to follow are changes in open interest, shifts in funding rates, and sudden spikes in spot volume or order book depth. Also watch news flow closely; a single announcement can change sentiment overnight. Risk management matters here. Size positions so that forced liquidations are avoidable. Featured image from Unsplash, chart from TradingView
Solana failed to settle above $102 and extended losses. SOL price is now consolidating losses below $95 and might struggle to start a recovery wave. SOL price started a fresh decline below $100 and $95 against the US Dollar. The price is now trading below $100 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $98 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $90 or $85. Solana Price Dips Further Solana price failed to remain stable above $105 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $100 and $95 support levels. The price gained bearish momentum below $92. A low was formed at $89, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $106 swing high to the $89 low. Solana is now trading below $95 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $93 level. The next major resistance is near the $97 level or the 50% Fib retracement level of the downward move from the $106 swing high to the $89 low. There is also a key bearish trend line forming with resistance at $98 on the hourly chart of the SOL/USD pair. The main resistance could be $102. A successful close above the $102 resistance zone could set the pace for another steady increase. The next key resistance is $106. Any more gains might send the price toward the $112 level. More Losses In SOL? If SOL fails to rise above the $98 resistance, it could continue to move down. Initial support on the downside is near the $90 zone. The first major support is near the $85 level. A break below the $85 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $74 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $90 and $85. Major Resistance Levels – $98 and $102.
Solana has pulled back into a key demand zone, a level that could determine whether its strong trend continues or falters. How price reacts here will be crucial, as a hold may signal a trend reload, while a breakdown could push SOL into broader market chop. Solana Returns To A Critical Weekly Demand Zone Giving an update on the weekly timeframe, Cyril-DeFi explained that Solana has been one of the standout performers this cycle. Still, price has now returned to a critical demand zone that could determine its next major move. According to Cyril, this area has historically acted as a pivot point where momentum either re-ignites or fades. Related Reading: Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test This is the type of zone where strong trends tend to reload if buyers successfully defend it. However, a failure to hold would suggest that the prior strength is losing traction, increasing the risk that the trend structure begins to deteriorate. From Cyril’s perspective, a firm hold at current levels would position Solana to lead the next altcoin impulse, reinforcing its relative strength against the broader market. On the other hand, losing this demand zone would likely see SOL slip into extended consolidation, moving in line with the wider market chop rather than outperforming it. Cyril-DeFi concluded by stressing that he is closely observing how the price behaves around this area instead of trying to predict outcomes in advance. The Only High-Conviction Long Setup On The Table According to a recent Solana post shared by Ardi, only one long setup stands out as technically sound under current conditions. With the market still under pressure, waiting for confirmation seems safer than attempting to anticipate a bottom, as premature entries tend to get punished in weak structures. Related Reading: Solana Pauses After 20% Drop — This Key Level Could Decide What’s Next Ardi highlighted the $119 level as a key pivot for Solana. A successful reclaim of this zone, ideally through a spring or brief fakeout below resistance, could signal that demand is returning. If that occurs, price could surge higher toward the top of the range on a macro lower high rally rather than a full bullish reversal. From a risk-to-reward standpoint, this reclaim scenario remains the most attractive option available. It provides a clear technical trigger, defined invalidation, and a logical upside target, allowing traders to participate without overexposing themselves in an uncertain environment. He also outlined an alternative strategy involving the 200-week simple moving average around the $100 mark, an area that previously acted as macro support in April 2025. Still, Ardi cautioned that in a broader downtrend, odds are often against traders until a major level is reclaimed, making a decisive move back above $119 crucial before confidence can truly return. Featured image from Adobe Stock, chart from Tradingview.com
Solana failed to settle above $112 and extended losses. SOL price is now recovering above $102 but faces many hurdles near $108 and $110. SOL price started a decent recovery wave above $100 and $102 against the US Dollar. The price is now trading below $110 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $108 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $108 and $110. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $95, like Bitcoin and Ethereum. SOL was able to climb above the $100 level. There was a move above the 23.6% Fib retracement level of the downward move from the $119 swing high to the $95.81 low. However, the bears are active below $110. There is also a key bearish trend line forming with resistance at $108 on the hourly chart of the SOL/USD pair. Solana is now trading below $105 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $108 level, the trend line, and the 50% Fib retracement level of the downward move from the $119 swing high to the $95.81 low. The next major resistance is near the $110 level. The main resistance could be $115. A successful close above the $115 resistance zone could set the pace for another steady increase. The next key resistance is $122. Any more gains might send the price toward the $125 level. Another Decline In SOL? If SOL fails to rise above the $108 resistance, it could continue to move down. Initial support on the downside is near the $101 zone. The first major support is near the $95 level. A break below the $95 level might send the price toward the $88 support zone. If there is a close below the $88 support, the price could decline toward the $80 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $101 and $95. Major Resistance Levels – $108 and $115.
The Solana price has entered the new month under pressure after losing a level that had acted as a psychological anchor for much of the past year. The token’s drop below $100 shifted market attention from recovery narratives to damage control. Related Reading: Crypto Hacks Explode: $370 Million Stolen In January Alone: Researchers Traders are now closely watching whether upcoming support levels can halt a decline that has accelerated amid overall weakness in the crypto market. Although network activity and institutional interest continue to draw attention, short-term price movements have clearly shifted into a bearish trend. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Solana Price Breaks $100 as Selling Pressure Builds Before bouncing back to the current $102 level, the Solana price dipped to around $98, marking its lowest point in nearly ten months and extending losses to nearly 20% over the past week and approximately 25% over the last month. Trading activity has thinned as prices fell, with spot volume and derivatives participation both declining. Data from CoinGlass shows falling open interest, suggesting long positions are being unwound rather than a surge in aggressive short selling. The move has not occurred in isolation. A wave of market-wide liquidations over the weekend, combined with thin liquidity, amplified downside moves across major cryptocurrencies. Macroeconomic concerns have also weighed on sentiment after renewed expectations of tighter U.S. monetary policy following President Trump’s nomination of Kevin Warsh as the next Federal Reserve chair, a choice viewed as hawkish by markets. Technical Outlook Points to Lower Support Levels From a technical perspective, Solana’s structure has weakened. The break below $100 confirmed a pattern of lower highs and lower lows, with the Solana price hovering well beneath its declining short-term moving averages. Bollinger Bands are widening, and Solana price action remains near the lower band, suggesting downward momentum remains dominant rather than stabilizing. Momentum indicators underline the pressure. The daily relative strength index is hovering near 25, placing SOL deep in oversold territory. While this increases the probability of short-term bounces, it does not, on its own, signal a trend reversal. On the downside, traders are watching the $95 area closely, followed by a broader $92–90 zone. Below that, $85 and $80 stand out as larger historical support levels. Some on-chain and pattern analyses suggest that if selling accelerates, thinner support could expose deeper zones later in the year. Fundamentals Remain Active Despite Weak Price Action Despite the bearish price forecast, Solana’s underlying network metrics remain comparatively strong. January transaction counts rose sharply, and recent data shows continued growth in on-chain activity and stablecoin usage. Institutional interest has been mixed but not absent, with earlier January inflows offset by more recent Solana ETF outflows. Related Reading: Is The Bitcoin Bottom In? CMT Reveals What Traders Need To See Now Currently, the technical picture dominates. Solana would need to reclaim $110 and hold above key moving averages to ease bearish pressure. Until that happens, rallies are likely to be viewed as corrective moves within a broader downtrend, leaving the next support levels as the market’s immediate test. Cover image from ChatGPT, SOLUSD chart from Tradingview
Solana failed to settle above $125 and extended losses. SOL price is now consolidating losses below $120 and might struggle to start a recovery wave. SOL price started a fresh decline below $120 and $115 against the US Dollar. The price is now trading below $120 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $116 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $112 or $105. Solana Price Dips Again Solana price failed to remain stable above $125 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $125 and $122 support levels. The price gained bearish momentum below $120. A low was formed at $112, and the price is now consolidating losses. The price recovered a few points and climbed toward the 23.6% Fib retracement level of the downward move from the $128 swing high to the $112 low. Solana is now trading below $120 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $116 level. There is also a key bearish trend line forming with resistance at $116 on the hourly chart of the SOL/USD pair. The next major resistance is near the $120 level or the 50% Fib retracement level of the downward move from the $128 swing high to the $112 low. The main resistance could be $122. A successful close above the $122 resistance zone could set the pace for another steady increase. The next key resistance is $125. Any more gains might send the price toward the $132 level. Another Drop In SOL? If SOL fails to rise above the $116 resistance, it could continue to move down. Initial support on the downside is near the $114 zone. The first major support is near the $112 level. A break below the $112 level might send the price toward the $105 support zone. If there is a close below the $105 support, the price could decline toward the $102 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $112 and $105. Major Resistance Levels – $116 and $120.
Solana is rapidly positioning itself as a core hub for tokenized finance following WisdomTree’s deployment of fund infrastructure on the blockchain. The move reflects growing confidence among traditional asset managers in SOL’s ability to support large-scale, regulated financial products with the speed and cost efficiency required by modern capital markets. How Traditional Asset Managers Expand On-Chain Operations WisdomTree’s deployment of $159 billion in fund infrastructure on Solana marks a turning point for how regulated money moves. A research and news site, Genfinity, revealed on X that regulated money market funds are now settling natively on SOL, which means institutional cash flow assets no longer require traditional banking rails. One of the clearest signals is the Government money market digital fund, which already holds around $730 million in on-chain assets. Direct minting eliminates synthetic exposure with real Treasury-backed settlement. This allows retail investors to access institutional-grade financial products with blockchain speed and low costs. The multi-chain deployment is proof that financial institutions prioritize performance over narrative. Currently, SOL is processing the same regulated funds that previously required correspondent banks and a 3-day settlement. The gap between on-chain infrastructure and traditional finance products has just collapsed. An industry-leading commentary on the global capital markets, The Kobeissi Letter, reported that Coinbase has announced it is integrating with Jupiter Exchange directly into its on-chain trading stack. With this move, millions of Solana-based tokens can now be traded on Coinbase for the first time, all through Jupiter on-chain liquidity. Instead of relying on the slow manual process of listing assets on a centralized order book, Coinbase is currently using on-chain infrastructure to provide instant access to Solana-native markets. Under the new integration, users can deploy existing Coinbase balances and payment methods to trade tokens from a self-custodial wallet. “Even the centralized exchanges are moving on-chain,” The Kobeissi Letter noted. Why Liquidity Grabs Often Precede Reversals According to Larskooistra, the local context on Solana is fairly conducive to building a structure. The Price has already completed a Model 2 accumulation schematic, and grabbed all buy-side liquidity while taking the range high and broke market structure back to bearish, creating a supply in the process. Related Reading: Solana Structure Suggests One Final Test Before Bulls Can Step In From a higher-timeframe perspective, this gives a bearish context on BTC whenever accumulation models complete themselves and break the market structure, and then turn back to bearish afterwards, which shows a full reversal towards the lows. Larskooistra expects the equal lows acting as the next liquidity target to be taken out, and is looking for distribution schematics on the current move up. Featured image from Adobe Stock, chart from Tradingview.com
Solana has taken a breather after a sharp 20% sell-off, with the price now stabilizing at a technically significant zone. As volatility cools and consolidation sets in, the market is watching closely to see whether this level acts as a launchpad for a recovery or opens the door to further downside. The next move from here could define SOL’s short-term direction. VAH Rejection Sends SOL Back Into Range Market expert Umair Crypto explained that Solana’s rejection at the Value Area High (VAH) near $141 set the tone for the recent move. After briefly extending to $148, SOL once again failed to flip the psychological $150 level into support, and ultimately triggered a sharp downside reaction, resulting in a nearly 20% decline toward the $117 area. Related Reading: Solana (SOL) Recovery Reaches A Level That Changes Everything Following the sell-off, price rotated back into the same two-month consolidation range, suggesting that the move lower was more of a range continuation than the start of a new trend. SOL is now retesting the Value Area Low flip zone around $128, a level that has repeatedly acted as a short-term pivot between buyers and sellers. If $128 holds and buyers manage to defend this zone, the analyst sees room for a bounce toward $132. Further acceptance above that level could open a path toward the range Point of Control near $138. However, even a move into that region would still reflect range-bound conditions rather than a confirmed bullish breakout. Umair Crypto stressed that SOL remains stuck inside a broad $30 range, offering little directional edge in the middle. An acceptance below $120 would shift the bias firmly bearish. On the other hand, a strong reclaim above $150 would flip the market structure bullish. Until either scenario plays out, the higher-probability outcome continues to lean toward lower prices within the range. SOL Enters A Compression Phase Above Key Support According to a recent market update from BitGuru, Solana has experienced a significant pullback and is now entering a phase of consolidation just above a critical support zone. This type of price compression is a classic technical indicator that the market is preparing for a sharp reaction move. Related Reading: Solana (SOL) Recovery At Risk With Bears Guarding Resistance As volatility narrows and the trading range tightens, the build-up of market energy typically precedes a breakout. The path forward remains binary based on Solana’s interaction with its immediate boundaries. A clean reclaim of the nearby resistance level would signal a return of buyer confidence and a potential shift in momentum. Conversely, a failure to defend this established base would keep significant downside risk active, potentially leading to a deeper correction if the support zone is breached. Featured image from Adobe Stock, chart from Tradingview.com
Solana started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $128 zone. SOL price started a decent recovery wave above $122 and $125 against the US Dollar. The price is now trading above $125 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $124 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $128 and $130. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $118, like Bitcoin and Ethereum. SOL was able to climb above the $122 level. There was a move above the 61.8% Fib retracement level of the downward move from the $132 swing high to the $117 low. Besides, there was a break above a key bearish trend line with resistance at $124 on the hourly chart of the SOL/USD pair. The bulls even pushed the price above $125. However, the bears remained active near $128. Solana is now trading above $125 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $128 level, and the 76.4% Fib retracement level of the downward move from the $132 swing high to the $117 low. The next major resistance is near the $130 level. The main resistance could be $135. A successful close above the $135 resistance zone could set the pace for another steady increase. The next key resistance is $142. Any more gains might send the price toward the $145 level. Another Decline In SOL? If SOL fails to rise above the $128 resistance, it could continue to move down. Initial support on the downside is near the $124.50 zone. The first major support is near the $122 level. A break below the $122 level might send the price toward the $117 support zone. If there is a close below the $117 support, the price could decline toward the $105 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $125 and $122. Major Resistance Levels – $128 and $130.
Solana failed to settle above $132 and extended losses. SOL price is now consolidating losses below $130 and might struggle to start a recovery wave. SOL price started a fresh decline below $132 and $130 against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $126 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $118 or $115. Solana Price Dips Further Solana price failed to remain stable above $132 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $130 and $126 support levels. The price gained bearish momentum below $122. A low was formed at $117, and the price is now consolidating losses. The price recovered a few points and climbed above the 23.6% Fib retracement level of the downward move from the $132 swing high to the $117 low. Solana is now trading below $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $125 level or the 50% Fib retracement level of the downward move from the $132 swing high to the $117 low. The next major resistance is near the $126 level. There is also a key bearish trend line forming with resistance at $126 on the hourly chart of the SOL/USD pair. The main resistance could be $132. A successful close above the $132 resistance zone could set the pace for another steady increase. The next key resistance is $140. Any more gains might send the price toward the $144 level. Another Drop In SOL? If SOL fails to rise above the $126 resistance, it could continue to move down. Initial support on the downside is near the $119 zone. The first major support is near the $117 level. A break below the $117 level might send the price toward the $115 support zone. If there is a close below the $115 support, the price could decline toward the $102 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $117 and $115. Major Resistance Levels – $126 and $132.
Solana failed to settle above $140 and nosedived. SOL price is now consolidating losses below $135 and might struggle to start a recovery wave. SOL price started a fresh decline below $136 and $135 against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $138 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $128 or $125. Solana Price Dips Further Solana price failed to remain stable above $140 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $138 and $135 support levels. The price gained bearish momentum below $132. A low was formed at $124, and the price is now consolidating losses. The price recovered a few points and climbed above the 23.6% Fib retracement level of the downward move from the $143 swing high to the $124 low. Solana is now trading below $135 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $134 level or the 50% Fib retracement level of the downward move from the $143 swing high to the $124 low. The next major resistance is near the $136 level. The main resistance could be $138. There is also a key bearish trend line forming with resistance at $138 on the hourly chart of the SOL/USD pair. A successful close above the $138 resistance zone could set the pace for another steady increase. The next key resistance is $144. Any more gains might send the price toward the $150 level. Another Decline In SOL? If SOL fails to rise above the $133 resistance, it could continue to move down. Initial support on the downside is near the $129 zone. The first major support is near the $125 level. A break below the $125 level might send the price toward the $120 support zone. If there is a close below the $120 support, the price could decline toward the $112 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $129 and $125. Major Resistance Levels – $133 and $138.
Solana Mobile has rolled out its long-awaited SKR token airdrop for Seeker smartphone users and select developers, adding a fresh ecosystem catalyst as SOL trades near a critical technical support zone. Related Reading: What the Triple-Tap At $1.80 Means For The XRP Price The launch comes at a time when Solana’s price is hovering around $120–$130, an area analysts see as decisive for the token’s medium-term direction. SKR debuted at around $0.006 and climbed above $0.01 within hours of launch, pushing its market capitalization past $70 million. More than 100,000 users are eligible to claim the airdrop through the Seeker phone’s built-in wallet over a 90-day window. Any unclaimed tokens will be returned to the general distribution pool. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Solana SKR Airdrop Targets Users and Developers Solana Mobile allocated 30% of SKR’s fixed 10 billion token supply to airdrops and early unlocks. Nearly 2 billion SKR are being distributed to Seeker phone owners and developers who deployed “quality apps” in the Solana dApp Store during Season 1. The company said the token underpins governance, incentives, and economic activity within the Solana Mobile ecosystem. SKR can be staked directly from the Seed Vault wallet, with inflation events occurring every 48 hours. The annual inflation rate starts at 10% and declines by 25% each year until it stabilizes at 2%. The airdrop coincides with the start of Seeker’s Season 2 campaign, which introduces a refreshed app catalog, rewards programs, and a focus on sectors such as DeFi, gaming, payments, trading, and decentralized physical infrastructure (DePIN). Community reaction has been mixed. Some users reported receiving several thousand dollars’ worth of SKR, while others reported allocations closer to $50–$100. Some users expressed disappointment, citing delays in phone delivery and additional shipping costs. SOL Price Near Key Support While SKR draws attention to Solana’s mobile strategy, the SOL token itself is facing a technical test. After breaking below $136, SOL has slipped into the $120–$127 zone, where an ascending trendline from the 2023 lows meets historical horizontal support. This area has previously acted as both resistance and support, making it a closely watched “flip zone” for traders. A sustained hold above $120 could open the door to a recovery toward the $135–$150 range. A breakdown, however, may expose downside targets near $110 or even $100. Related Reading: Trove’s New Token Craters 95%, Sparking Investor Revolt Short-term indicators show some stabilization. SOL recently bounced from around $124 to near $128, supported by renewed ETF inflows of roughly $3.08 million and spot market accumulation of about $9.31 million. These flows suggest buyers are stepping in at current levels. Cover image from ChatGPT, SOLUSD chart on Tradingview