Here is a quick analysis of the Solana (SOL) situation for today, with the key technical and fundamental points that may affect the price soon 👇
📉 Current situation
SOL is currently trading around $132–133.
The price is now below the 20-day moving average (≈ $135.6) — which may indicate short-term selling pressure.
Bollinger Bands are relatively narrow, and the price is near the middle, indicating a phase of 'accumulation/waiting' rather than strong upward momentum.
🚦 Technical signals and potential targets
According to Blockchain.News analysis, there is a possibility that SOL may recover in 2–4 weeks and rise towards $155–165 if it regains momentum.
Important resistance is at ~ $146.9 — breaking it could open the way to higher levels like $165–180 in the medium term.
In a bearish scenario: Critical support is near ~ $125–126. Breaking it could open the door for further decline.
🌐 Key factors and market environment
Despite price volatility, the Solana network remains active: activity of decentralized applications (DApps) and revenues indicate that the SOL ecosystem is still in use.
However, the overall cryptocurrency market is facing volatility, and shifts may occur in early 2026 — which could increase volatility around SOL.
✅ Summary: Is it now a 'buy' or 'wait' time?
If you are trading (short-term): the situation is neutral — the price is in an accumulation phase, and it may provide an opportunity to rise towards $155–165 if momentum improves.
If you are a medium/long-term investor: it is better to wait until SOL can strongly break the resistance at ~ $146–147, then evaluate entry.
Caution is required — as breaking support at ~ $125–126 could lead to additional downward pressure.
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