Solana (SOL) has staged a strong recovery from recent lows below $135, once again pushing into the critical $141–$145 resistance zone. This level has consistently acted as a ceiling since November 2025, with previous rejections triggering 15%–16% pullbacks.
This time, however, price behavior tells a different story. The latest rejection resulted in only a 3%–4% retracement, suggesting stronger buyer commitment and improving market resilience.
🔍 Technical Outlook: Momentum Favors the Bulls
From a technical perspective, Solana’s structure is increasingly constructive:
SOL is trading above its 20-, 50-, 100-, and 200-day moving averages — a setup not seen since September 2025
Lower-timeframe charts show price testing the neckline of a potential double-bottom formation
RSI remains elevated, signaling sustained momentum rather than overbought exhaustion
These factors collectively point to a market preparing for a decisive move.
⚠️ On-Chain Data Signals Caution
Despite bullish technicals, on-chain fundamentals remain a concern. Network growth has slowed notably:
Weekly new wallet creation has declined from ~30 million at peak to ~7 million recently
Historically, Solana’s strongest rallies have coincided with rising user engagement. Without a renewed expansion in network activity, attempts to push decisively above $145 may struggle to maintain follow-through.
🎯 Key Levels to Watch
Bullish Confirmation:
A high-volume daily close above $145 would confirm a structural breakout, opening the door toward the $165–$180 zone.Bearish Scenario:
Failure to clear resistance could keep SOL locked in a broader range, increasing the risk of deeper corrective moves.
🧠 Final Takeaway
Solana is once again at a critical inflection point. Momentum is building, technical conditions are improving, but confirmation is still required. A breakout above $145 could redefine SOL’s trend, while another rejection would reinforce range-bound behavior.
📌 Decision zone confirmed — patience and confirmation remain key.
#BTCVSGOLD #CryptoPatience #Bitcoin❗
