Solana Price Analysis: Is SOL Setting Up for a Bullish Correction or Another Leg Lower?
Momentum indicators are starting to diverge from price. On the 4-hour timeframe, RSI is printing a bullish divergence, suggesting selling pressure is fading despite price remaining capped. On the daily chart, a double-bottom-like structure is forming, adding to the base-building narrative.
That said, these are early signals, not confirmation. Until Solana reclaims key resistance zones, the move should be treated as a counter-trend correction, not the start of a new uptrend.
Key Levels That Will Decide the Next Move
Traders should stay focused on clean, well-defined levels:
- Major support: $118–$120
- Near-term resistance: $132–$136
- Heavy supply zone: $145–$158 → $160
- Invalidation: Sustained break below $118
- Bearish continuation target: $105 → $100
As long as SOL trades below $145–$160, sellers retain higher-timeframe control. Any rally into this zone should be evaluated carefully for acceptance or rejection.
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What Needs to Happen for a Bullish Correction
For a meaningful corrective rally to play out, Solana needs:
- A break and acceptance above the descending trendline
- Sustained trading above $132 with volume expansion
- Momentum is holding firm above the RSI midline
Without these confirmations, upside moves risk becoming lower-high setups rather than structural reversals.
What the Solana Chart Is Signaling Right Now
Solana (SOL) price is showing conditions for a bounce, but not confirmation of a trend shift. The $118–$120 support remains the key line in the sand. Holding it keeps the door open for a corrective move toward $145–$160, while failure would likely reopen the path toward $100.
For traders, this is a reaction zone, not a conviction long. Let price prove strength before assuming the worst is over.
FAQs
Is Solana currently in a bullish or bearish trend?
Solana remains in a broader bearish trend. Current signals suggest a potential short-term correction, not a confirmed trend reversal.
Is this a good time to buy Solana for traders?
This is a reaction zone, not a high-conviction entry. Traders should wait for confirmation above resistance before considering long positions.
What is Solana price prediction for 2026?
SOL potentially ranging between $180–$250 in 2026 if adoption grows, with downside risk toward $120 if market conditions weaken.
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