Current Situation
- SOL has been trading in a sideways range of 79 – 92 throughout March after falling from higher levels.
- The current price is around 82, sitting below key moving averages.
- RSI is neutral (45–55), volume is moderate, and sellers appear exhausted.
Key Levels:
- Support: 79 (strongest), 76
- Resistance: 95**, 105–110
My April 2026 Forecast:
- Base case (60–65% probability): Modest recovery.
Break above 95 → target 95 – 110 by the end of April.
- Bullish scenario: Strong hold above 105 → 120+.
- Bearish scenario (35% probability): Breakdown below 79 → test of 70–75.
Summary:
Short-term: neutral-to-bearish (consolidation).
Medium-term: bullish.
This is a healthy correction after the previous rally. The most important thing is to wait for a confirmed breakout with strong volume.
Risk management is more important than any forecast.
