Solana price prediction stalls in tight range as bears defend key moving averages

Solana price prediction trades below declining moving averages in a fragile consolidation, with fading bearish momentum, dense sell walls above, and clustered bids below defining the next move.

Solana’s price prediction has entered a stabilization phase following a sequence of lower closes, according to technical analysis of daily chart data.

Solana (SOL) is trading around $132–133 USDT, down roughly 1–1.5% over the last 24 hours on TradingView’s SOLUSDT composite, despite your specific chart showing a +2–3% move from the local intraday low.

The altcoin has been trading below its short- and medium-term moving averages, reflecting continued bearish pressure, though recent candlestick patterns indicate downside momentum has slowed. The cryptocurrency remains in a corrective structure on the daily timeframe, with trading below declining moving averages signaling the dominant trend remains tilted to the downside.

Solana price prediction heading for changing direction

However, the distance between the current price and these averages has narrowed, suggesting bearish control may be weakening. Technical analysts note this type of structure often precedes either sideways consolidation or a short-term recovery attempt, depending on price reaction to nearby resistance levels.

Momentum indicators reflect fading selling pressure rather than a trend reversal. The Moving Average Convergence Divergence (MACD) remains negative, confirming the broader bearish trend, though the momentum profile shows sellers are losing intensity. The Relative Strength Index (RSI) has held in the lower-middle range rather than entering deeply oversold territory, indicating the market is not experiencing a panic-driven selloff.

On the upside, the first resistance area sits near a short-term ceiling that has recently acted as resistance. A move above this level would indicate improving buyer confidence and could enable a test of higher resistance where declining averages and prior rejection points converge. Failure to clear these zones would reinforce the view that rallies remain corrective within a broader bearish structure.

On the downside, a nearby support level is currently maintaining the consolidation. A decisive daily close below this level would likely shift focus toward lower support zones. A breach of those levels would suggest bearish momentum is reasserting itself.

Order book data shows large bid walls below the current price, indicating notable buying interest clustered in lower ranges that could act as support if the price moves lower. However, absorption of these bid walls could result in a sharp decline due to sudden loss of concentrated demand. Substantial ask walls in higher ranges show sellers are actively defending elevated prices.

The current market structure favors disciplined risk management, as Solana is transitioning rather than trending strongly, according to technical analysts. Whether the consolidation develops into a sustained recovery or resolves into another leg lower will depend on the cryptocurrency’s ability to break through resistance and the strength of support levels in upcoming trading sessions.

Solana YTD vs 24h

• Position in the cycle: despite the 2025 drawdown, SOL remains a top‑tier asset by market cap (on the order of 70–80B USD mid‑year) and has delivered roughly +40% annualized over a multi‑year horizon in some analyses.
• YTD performance: a Solana index proxy shows 2025 year‑to‑date returns around −35 to −40%, following extreme upside in 2023 (~+880%) and strong gains in 2024 (~+98%), so 2025 is, structurally, a mean‑reversion / consolidation year.​