Most traders think Solana is “dead” after the recent correction.
But the chart is telling a completely different story — one that will punish late bears and trap early bulls if you’re not careful.
SOL is entering a zone where the next decision will create a high-volatility move, and only traders who understand the structure will survive it.
Here’s the REAL breakdown 👇
📊 Technical Analysis: SOL / USDT
SOL is attempting to hold above the 20-day EMA (~$138), a level that has acted as a dynamic pivot in recent weeks.
1. EMA 20 is flat
➡️ Signals indecision, showing bears are losing momentum, but bulls aren’t strong enough yet.
2. RSI sits just under 50
➡️ Momentum is neutral, with a slight bearish tilt — but importantly, the downtrend momentum is weakening.
3. Key Support & Resistance Levels
Strong support: $126
Next supports: $110 → $95
Immediate resistance: $154 (SMA 50)
Major resistance: $172
A break beyond any of these levels will determine Solana’s short-term direction.
🚀 Bullish Scenario (If buyers take control)
If buyers push SOL above the 20-day EMA and hold it, the next targets activate:
Upside Targets:
TP1: $154 (SMA 50)
TP2: $172
TP3: $188
TP4 (aggressive): $205
A daily close above $172 would flip market structure bullish again.
💥 Bearish Scenario (If sellers win)
If SOL loses $126, the chart turns bearish quickly.
Downside Targets:
TP1: $115
TP2: $110
TP3: $95 (major demand zone)
TP4 (extreme): $82
This is the “flush zone” where late long positions often get liquidated.
🎯 Trading Plan (Entry – TP – SL)
✅ Buy Setup (Long Opportunity):
Entry Zone: $136 – $142 (near EMA 20 confirmation)
Stop-Loss: $128
Take-Profit:
TP1: $154
TP2: $172
TP3: $188
TP4: $205
➡️ Breakout Buy: Add another long if SOL breaks and closes above $154 with strong volume.
❌ Sell Setup (Short Opportunity):
Entry Zone: $146 – $150 (rejection from EMA 20 or SMA 50)
Stop-Loss: $158
Take-Profit:
TP1: $130
TP2: $126
TP3: $110
TP4: $95
➡️ High-conviction short: Below $126 on a daily close.
⚡ Summary
SOL is at a crossroads.
The majority sees weakness — but price action shows compression, not collapse.
When this range breaks, expect a massive move.
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