1. Current Overview:
Current Price: $153.47
MA(7): $153.14
MA(25): $159.38
MA(99): $188.09
Recent Low: $145.87
Recent High: $207
Solana has been in a clear downtrend since late October after topping near $207.
It corrected sharply to around $145, then made a minor recovery but is now showing weakness again.
2. Moving Average Analysis:
The MA(7), MA(25), and MA(99) are aligned bearishly (7 < 25 < 99).
This indicates that both short-term and medium-term trends are still negative.
The price is below the 25-hour MA ($159), confirming that buyers have not regained strength yet.
Unless SOL closes firmly above $155–$157, the downtrend is likely to continue.
3. Support & Resistance Levels:
Type Level (USDT) Notes
Immediate Resistance $157 – $160 MA cluster / rejection zone
Major Resistance $172 – $175 Previous swing high / supply zone
Immediate Support $150 – $152 Current local base
Major Support $145 – $146 Previous strong bottom
Critical Support $138 Breakdown zone heavy selling if broken
If Solana falls below $150, expect a test of $145, and possibly $138 if that level breaks.
4. Volume & Market Sentiment:
High buying volume appeared around $145, showing that strong buyers stepped in.
However, current falling price + low volume = weak buyer confidence.
If upcoming candles show rising red volume bars, sellers will regain control.
5. RSI / Momentum (Estimated):
1-hour RSI is likely around 42–47, slightly bearish.
Not oversold yet room for more downside before a strong bounce.
Momentum remains weak, no clear bullish divergence so far.
6. Possible Next Moves:
Scenario 1: Bearish Continuation (≈65% probability)
If SOL closes below $153–$150, next supports to watch:
$148
$145 (key level)
If $145 breaks potential drop to $138
Increased volume would confirm this move.
Scenario 2: Short-Term Bounce (≈35% probability)
If price holds above $150–$152 and reclaims $157 (MA25):
Bounce targets → $165 → $172–$175
However, true trend reversal only if it closes above $175 with strong volume.
7. Medium-Term Outlook (1 Week+):
As long as Solana stays above $145, the broader structure remains bullish (on higher timeframes).
This may just be a healthy correction after its major rally from $100 → $200+.
But if $145 breaks, next strong demand zone is around $130–$135.
8. Trading & Strategy Insights:
Type Bias Entry / Exit Zone Comment
Short-term Scalping Bearish Sell near $157–$160 Stop-loss above $165
Swing (2–4 days) Neutral Wait for breakout above $160 or breakdown below $150 Confirm with volume
Long-term Spot Holders Bullish Accumulate near $140–$145 Major support area
Summary:
Short-term trend: Bearish
Medium-term trend: Neutral to mildly bullish
Immediate range: $150–$160
Downside targets: $148 → $145 → $138
Upside recovery only above: $160 → $172
RSI: Slightly bearish
Volume: Weak buying, stronger selling pressure
