• Solana’s $175 resistance confirms a bearish rejection, capping upside momentum after the recent recovery.

  • Price hovers near $159 with $155 identified as a crucial short-term support level for potential reversal.

  • A breakout above $175 could trigger a move toward $180–$200, while failure may expose the $130 demand zone.


Solana’s market action continues to reflect growing uncertainty, with recent sessions showing strong resistance near the $175 zone and increasing pressure on lower supports. The asset remains in a corrective phase, testing investors’ conviction as short-term sentiment turns cautious across the broader altcoin landscape.

Solana Tests Crucial Levels Amid Renewed Downside Pressure


Solana’s recent structure shows that momentum continues to soften as price action struggles to reclaim lost ground. Following a rebounding to below-150 levels, the asset currently hopes in a tightening corrective channel where it has limited bullish momentum. The existing market order indicates hesitation where market players are awaiting the next big directional order.

BeLaunch, a prominent crypto analytics account, shared an update emphasizing that Solana’s price retested the $170–$175 zone, which once served as a breakout level but now acts as firm resistance. The update noted that if sellers defend this area, the market could slide further and potentially form a new lower low. Current sentiment remains bearish on the daily chart and neutral on the weekly, reflecting a cooling trend following earlier strength.

$SOL Market Update

A quick follow-up on my earlier outlook

Retest confirmed: Price hit the $170–$175 zone — exactly where the last breakout occurred. That level now acts as key resistance.
If sellers defend it, expect potential downside and possibly a new lower low.

Current… pic.twitter.com/lllm4hP74n

— BeLaunch (@BeLaunch_) November 11, 2025

As of writing data shows Solana’s price at $159.61, down 4.6% in the past 24 hours, with trading confined between $159.83 and $171.62. The market cap stands near $88.4 billion, maintaining its sixth position globally. A 24-hour trading volume exceeding $6 billion confirms active participation despite the corrective setup.

Bearish Momentum Defines the Daily Structure


In the daily timeframe, Solana’s Ichimoku formation shows persistent supply pressure. The price is still below the Kijun-sen and the falling trendline, and the thickening cloud above indicates a low recovery possibility. It is a new short-term rally ceiling bolstered by the unsuccessful retest of the short term around $175.

Momentum indicators continue to favor sellers. The Chikou Span lags beneath both price and cloud, reflecting sustained weakness. Support at $155 is now critical; a daily close below that level could expose the $140–$130 range, aligning with earlier projections from BeLaunch. Conversely, stability above this zone could preserve the possibility of consolidation before renewed upside attempts.

Volume patterns remain subdued during rebounds, a common sign of declining buyer conviction. This technical setup suggests that while bulls defend lower levels, broader sentiment remains cautious as traders monitor whether $155 holds as a structural floor.

Range-Bound Conditions Persist Before Major Resolution


The 4-hour structure displays a market trapped within a $155–$175 range. Following a steep decline from $200, Solana formed a short-term W-bottom around $145 before its recent bounce. However, the continual failure at 170 highlights poor follow-through buying. The downward trend line since the beginning of October is not broken, which supports the bearish short-term mood.

BeLaunch’s projection places the potential bottom near $130, a level corresponding to a historical demand cluster. This view gains credibility given that each failed retest near $175 has invited renewed selling. Unless this resistance flips into support, traders may continue to anticipate lower levels.

The broader weekly chart remains neutral. Solana trades just above the cloud baseline, which has flattened — a sign of potential sideways movement before the next major move. The recovery of $175-180 on high volumes would restore the target to $200-220, but continued failure would maintain risks on the downside.

In the meantime, the price of Solana depends on its response at the 155 support and 175 resistance levels. Until either level gives way decisively, the market is expected to remain in consolidation mode with reduced volatility and cautious sentiment.