Solana has pulled back into a make-or-break area on the weekly chart — a demand zone that could decide whether SOL’s strong run keeps going or fizzles into the broader market’s choppiness. What analysts are watching - Cyril-DeFi notes that Solana has been one of the cycle’s top performers, but price has returned to a key weekly demand zone that has historically acted as a pivot. When buyers defend this area, strong trends often “reload”; if it fails, momentum can evaporate and the token may fall into extended consolidation alongside the wider market. - Rather than forecasting a single outcome, Cyril is watching how price behaves around this level: a firm hold would position Solana to lead the next altcoin impulse, while a breakdown would likely signal a deterioration of the prior trend. The high-conviction trade setup - Trader Ardi highlights one technically clean long setup under current conditions: reclaiming the $119 zone. A reclaim — ideally via a “spring” or brief fakeout below resistance that quickly reverses — would indicate returning demand and could push SOL toward the top of its range on a macro lower-high rally (not a full-blown reversal). - This reclaim offers a clear trigger, defined invalidation and a reasonable upside target, making it the most attractive risk-to-reward scenario right now. - As an alternative, Ardi points to the 200-week simple moving average around $100 — a level that acted as macro support in April 2025 — but cautions that in a broader downtrend, odds favor sellers until a major level like $119 is decisively taken back. Bottom line Keep an eye on price action around $119 and the weekly demand zone. A successful defense could reboot Solana’s momentum and let it lead the next altcoin leg up; a failure would likely push SOL into longer consolidation with the rest of the market. Traders should prioritize confirmed price behavior over guesses and respect clear invalidation levels. Read more AI-generated news on: undefined/news