Solana (SOL) is currently trading around the mid-$80s, following a steep decline from the $100+ area and a rebound off the high-$60s. On the 4-hour timeframe, the chart shows a market that has cooled down after the selloff and is now moving sideways a common “pause” zone where traders wait for the next directional move.
This kind of consolidation can break either way. The key is identifying the levels that matter, watching volume, and waiting for confirmation rather than guessing.
What the 4H Chart Is Showing
1) A strong downtrend, then stabilization
SOL dropped hard from roughly the $100–$106 region down to a local bottom near $67–$68. After that bounce, price climbed back toward the $80s but has struggled to regain strong upside momentum. Instead, candles have begun to compress a sign of uncertainty and balance between buyers and sellers.
2) Price stuck under short-term moving averages
On your chart, SOL is hovering under the faster moving averages (like MA7 and MA25). When price stays below these averages, it often signals that the short-term trend is still weak. A move above them and a successful retest would be the first sign of a trend shift.
Important Levels to Watch
Resistance zones (upside barriers)
$85.5–$86.5: A nearby ceiling aligned with short moving averages.
$88–$90: A stronger resistance band a breakout above here would signal improved momentum.$95–$100: If SOL reclaims $90 convincingly, these are realistic next targets based on prior structure and psychology.
Support zones (downside floors)
$83: First key support (recent low area).$80: Psychological level and likely buyer interest zone.$67–$68: Major swing low losing $80 with momentum increases the risk of drifting back toward this region.
Price Prediction: Three Scenarios
Scenario 1: Range continues (most likely short-term)
SOL remains boxed between $83 and $89, moving sideways until a catalyst triggers expansion. This is typical after a strong drop: volatility contracts, volume fades, and price “rests” before the next move.
What confirms this scenario: repeated rejections near $88–$89 and consistent bounces above $83.
Scenario 2: Bullish breakout
A bullish move becomes more likely if SOL can:
break above $86.5, thenclose and hold above $89–$90 on the 4H timeframe.
If that happens, SOL could attempt $94–$96, and potentially $100 if momentum remains strong.
What you want to see: higher volume on the breakout and clean retests (price holds the broken level as new support).
Scenario 3: Bearish continuation
If SOL falls below $83 and fails to reclaim it, the next likely stop is $80. A breakdown below $80 increases odds of seeing mid-to-high $70s, and in a more negative market environment, a deeper revisit toward $67–$68 becomes possible.
What confirms this scenario: strong red candles, rising volume on selloffs, and failed bounce attempts.
Key Takeaway
Right now, SOL is at a decision point not trending strongly, but building energy after a big move. The market is essentially saying: “Show me strength above $90, or risk weakening below $83.”
For traders, the smarter approach is usually:
wait for a breakout and retest, ortrade the range with strict risk control.
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