My prediction for Solana (SOL) continues to produce impressive validation. I am very pleased to share technical analysis images showing how each price level is perfectly respected by the market. So far, SOL is trading at $84.78 with a 24-hour increase of +8.01%, indicating positive momentum aligned with my technical projections.
Prediction Validation: SOL Accurately Respecting the $118 Level
In the first analysis image I shared, I predicted that SOL would test the support zone at the $118 level. This prediction proved to be very accurate—the market respected that level perfectly. The $118 zone acts as a strong demand area, where volume absorption occurs and selling pressure clearly slows down. This is a classic signal indicating a shift in market sentiment after the previous sharp decline. The technical image demonstrates how the price structure is beginning to form a solid base.
Support Zone $124-125: Foundation for the Next Rally
Currently, SOL remains above the support levels of $124-125. As long as the price can hold this position, the market structure tends to favor a continuation of the uptrend rather than further decline. The reactions seen now typically occur before a stronger push happens. This support is crucial because it will determine whether the positive momentum currently building can continue or be halted.
Entry Strategy: Waiting for Confirmation at $130-132
The next target for SOL is to break through the $130-132 level. If momentum continues to build and SOL manages to regain this price range, the upward target toward $148 will once again become the main focus. From the current support zone, movement toward $148 will generate very attractive gains. That’s why I position my analysis with clearly defined risk—improving structure and reasonable rewards with a favorable risk-reward ratio.
Risk Management and Upside Targets
It is important to manage risk disciplinedly when trading at these levels. If the market follows the technical structure formed, the potential move from $124-125 toward $148 could yield solid results. However, if support is broken, a backup plan should be ready. Continued price action above support and confirmation at key levels will be indicators that this setup remains valid.
I will provide further updates when the price reaches the TP (Take Profit) target level. The analysis images I share are designed to instill confidence in every trading decision. If you have questions about this analysis, please leave a comment—I am happy to respond.
Thank you for reading and following this SOL analysis. #SolanaAnalysis
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I am happy to share the SOL analysis chart, momentum from the support level towards the target of $148
My prediction for Solana (SOL) continues to produce impressive validation. I am very pleased to share technical analysis images showing how each price level is perfectly respected by the market. So far, SOL is trading at $84.78 with a 24-hour increase of +8.01%, indicating positive momentum aligned with my technical projections.
Prediction Validation: SOL Accurately Respecting the $118 Level
In the first analysis image I shared, I predicted that SOL would test the support zone at the $118 level. This prediction proved to be very accurate—the market respected that level perfectly. The $118 zone acts as a strong demand area, where volume absorption occurs and selling pressure clearly slows down. This is a classic signal indicating a shift in market sentiment after the previous sharp decline. The technical image demonstrates how the price structure is beginning to form a solid base.
Support Zone $124-125: Foundation for the Next Rally
Currently, SOL remains above the support levels of $124-125. As long as the price can hold this position, the market structure tends to favor a continuation of the uptrend rather than further decline. The reactions seen now typically occur before a stronger push happens. This support is crucial because it will determine whether the positive momentum currently building can continue or be halted.
Entry Strategy: Waiting for Confirmation at $130-132
The next target for SOL is to break through the $130-132 level. If momentum continues to build and SOL manages to regain this price range, the upward target toward $148 will once again become the main focus. From the current support zone, movement toward $148 will generate very attractive gains. That’s why I position my analysis with clearly defined risk—improving structure and reasonable rewards with a favorable risk-reward ratio.
Risk Management and Upside Targets
It is important to manage risk disciplinedly when trading at these levels. If the market follows the technical structure formed, the potential move from $124-125 toward $148 could yield solid results. However, if support is broken, a backup plan should be ready. Continued price action above support and confirmation at key levels will be indicators that this setup remains valid.
I will provide further updates when the price reaches the TP (Take Profit) target level. The analysis images I share are designed to instill confidence in every trading decision. If you have questions about this analysis, please leave a comment—I am happy to respond.
Thank you for reading and following this SOL analysis. #SolanaAnalysis