Solana Price Prediction: SOL Hovers at a Make-or-Break Zone as $110 Support Faces Its Next Test

Solana price is hovering near the $130–$135 region after a volatile retracement from recent highs, leaving the market at a clear decision point. While broader sentiment remains cautious, price action is compressing around a key demand zone that has historically defined trend direction.

With technical signals flashing mixed messages and on-chain conviction quietly strengthening, SOL now sits at a crossroads where the next move is likely to shape its short-term trajectory.

Immediate Support Holds the Line Above $110

Crypto Chiefs highlights that Solana price is still positioned to defend its immediate support zone above $110. This region has repeatedly absorbed sell pressure across multiple cycles, acting as a structural floor rather than a temporary pause.

Solana continues to defend the $110 demand zone, a level that has historically defined trend direction and prevented deeper downside. Source: Crypto Chiefs via X

The chart frames this band as the last major demand pocket before sub-$100 territory comes into play. As long as SOL continues to hold above this area, the downside remains corrective rather than trend-defining.

A clean loss of this zone would materially change the structure, opening the door towards psychological support near $100. For now, price remains above this threshold, keeping the broader recovery thesis intact.

Bearish Range Structure Signals More Testing Below

Crypto analyst maintains a bearish bias in the near term, noting that Solana price continues to trade beneath a clearly defined resistance band while drifting towards a lower “green box” demand zone. The range structure shows repeated rejections near the mid-$140s, with price gravitating back towards support.

This behavior reflects a market still searching for equilibrium. Until SOL reclaims the upper boundary of this range, rallies risk fading into supply rather than transitioning into trend.

Solana remains capped below range resistance, with repeated rejections near $140 keeping price biased towards the $120–$125 demand zone. Source: Digital Nomad Woman via X

From a short-term perspective, this suggests further probing towards the $120–$125 region remains possible before any sustainable upside attempt can develop.

Failed Stair-Step Pattern Highlights Structural Weakness

Cheds Trading points to a “failed stair-step” formation on the daily chart, where Solana attempted to build higher bases but stalled beneath resistance. The structure shows price compressing between descending overhead supply and a rising support shelf.

Solana’s failed stair-step structure signals weakening momentum, with price trapped between rising support and heavy overhead supply. Source: Cheds Trading via X

This kind of pattern often precedes expansion once either side gives way. A breakout above the blue resistance band would signal structural repair and reopen the path towards $150–$160. Conversely, a breakdown below the base would confirm continuation of the corrective phase.

SOL Staking at Record Highs

While charts reflect indecision, fundamentals quietly lean in a constructive direction. Solana Company reports that SOL’s staking ratio has reached a record 70%, meaning the majority of the circulating supply is now locked in long-term participation.

Solana’s staking ratio hits a record 70%, signaling growing long-term conviction and reduced liquid supply across the network. Source: Solana Company via X

Rising staking levels typically reduce liquid supply and reflect growing conviction in the network’s future.

Final Thoughts: Bearish Stance or Bullish Outlook?

Solana price is no longer in free fall, but it is not yet in a confirmed uptrend either. Price remains compressed between a structurally important support band above $110 and heavy resistance in the $145–$155 region, keeping the market in balance rather than in motion.

Solana current price is $133.67, down 0.28% in the last 24 hours. Source: Brave New Coin

As long as SOL holds above $110–$120, the broader structure remains repairable. A clean break and hold above $145 would flip short-term bias bullish and open the door towards $160–$170. Until that happens, range behavior and deeper support tests remain part of the landscape, with the market still deciding its next direction.