SyedMohsinRaja

$SOL Solana (SOL) looks set for choppy range trading in the coming days, with a bounce possible if support near $120 holds and ETF or on chain demand stays firm.

Price is in a pullback, around $126, down about 32% in 30 days but only 5% in 7 days.

Technicals show a short term downtrend but early signs of selling pressure slowing, with RSI near 38 and MACD starting to improve.

News and sentiment are mixed. Strong ETF inflows and active usage help, but weaker DeFi metrics and some ETF outflows cap the upside.

(I will assume you meant Solana (SOL) when you wrote “Salina”.)

Deep Dive
1. Current Price And Recent Move
Solana (SOL) is trading around $126.18 with:

Metric Value
Price $126.18
24h change -7.25%
7d change -5.13%
30d change -32.26%
From all time high about -57%
Market cap $70.7 B
24h volume $4.66 B
Price has pulled back sharply over the month, but the weekly loss is much smaller, which often means the aggressive part of the selloff may be slowing.

What this means: Near term, SOL is in a corrective phase rather than a clear trend up or down over the last week.

2. Technical Setup For The Next Days
On the daily timeframe:

Trend: Current price is below the 7 day, 30 day, and 200 day moving averages (around $138, $148, and $178), which signals a short and medium term downtrend.

Momentum: Daily RSI is around 38, which is weak but not fully oversold, and MACD is negative but its histogram is turning up. That often means selling pressure is easing rather than accelerating.

Levels: A daily pivot is near $135.7. Current price is below that, which keeps a mild bearish bias while it trades under roughly $135 to $140. Recent analyses and order flow also highlight:
1) Support zone: about $120 to $125.
2) First resistance: about $135 to $145.
3) Higher resistance: $150 to $170 if a bounce gets strong.

Solana
24h
7d
30d
$126.45
4.87%

What this means: In the next days SOL could swing between roughly $120 and $145 most of the time, with a break of either side likely to decide the next leg.

3. Sentiment, ETFs And News Flows
Sentiment and flows are pulling in bot
2) More recent pieces also note the first small net outflows and warn that if ETF buying pauses, upside momentum can stall.

Network and ecosystem:
1) Bullish side. Solana remains one of the most active chains by transactions and active addresses, and some protocols such as x402 and DeFi or NFT projects are seeing strong usage, which supports the high utility” narrative.
2) Bearish side. Some articles point to a fall in total value locked, lower fees and slightly weaker activity for certain sectors, plus issues like large outflows from meme platforms such as Pump.fun, which can pressure sentiment.

What this means: Under the surface, real usage and institutional interest are still there, but they are no longer overwhelmingly bullish, so price is very sensitive to new ETF or macro headlines.

Conclusion
Over the coming days, a realistic base case is that Solana trades in a volatile band roughly between $120 and $145, with quick spikes above or below that range possible.

If SOL can hold above the $120 to $125 support zone and ETF or on chain demand stays healthy, a recovery toward $140 to $150 is plausible. If it loses that support on strong volume or ETF flows flip clearly negative, moves toward $110 to $100 become more likely.

Confidence: Medium, because current price, technicals, sentiment and news are clear, but short term moves depend heavily on ETF flows and broader market risk appetite.

As of 1 Dec 2025 5:18am UTC using CMC live price, CMC technical analysis, social sentiment data, and recent crypto news articles.

CMC AI can make mistakes. Not financial advice.
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