On the weekly chart, SOL is starting to tell an interesting story. After the wild swings we saw through 2024 and 2025, price now looks much more controlled heading into 2026. Most importantly, we’ve printed a clear higher low, which is something you want to see if a bigger move is coming.
🔍 Key Levels & Structure
$145 area: This is the main battleground right now. If you zoom out, this level has flipped between support and resistance several times (late 2024, mid-2025). Price hovering here usually means the market is deciding its next direction.
Possible “W” base: From the mid-2025 lows, SOL may be building a large double bottom. If that structure holds, this current sideways action could simply be the final consolidation before a breakout.
Volume tells a story: Those heavy red candles in late 2025 came with strong volume. That’s a sign of absorption — buyers stepping in aggressively. The $120–$130 zone looks well defended and acts as a solid floor for now.
🎯 Key Levels to Watch
Resistance: $200 (psych level + previous highs)
Resistance: $260 (2025 high)
Support: $125 (major accumulation zone)
💡 Big Picture Take SOL looks like it’s in a re-accumulation phase. Even with market sentiment leaning toward “Greed” lately, price is still behaving in a healthy, controlled way. A weekly close above $160 could open the door for a quick push toward $200.
📈 How I’d Trade It
Bullish idea: Buy dips near $140 if support holds, or wait for a clean break and retest above $155 with volume.
Invalidation: A loss of $120 would break the current structure and increase the chances of a move back toward $100.
What’s your take on SOL from here? Do you see $200 coming by Q2, or more chop ahead? 👇
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