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Solana price is drawing fresh attention after two separate weekly charts pointed to strong support and a possible larger reversal setup. One chart shows resistance at $125 and $250, while the other highlights a rare bottom pattern that previously appeared before major rallies. Solana Holds Key Support as Chart Signals $125 Test, $250 Level in Focus Solana traded near $94 on the weekly chart while holding a defined support zone after a recent pullback. Price rebounded from the mid-$80 range, where buyers stepped in after a sharp decline. The structure shows a series of higher lows since early 2023, which keeps the broader trend intact despite short-term weakness. Solana Weekly Price Levels. Source: Rendoshi The chart highlights $125 as the next resistance level. This area aligns with a prior consolidation range where price previously stalled. If momentum continues, a move toward that level would mark the first major test for bulls. However, price must first confirm strength above the current range and sustain higher closes on the weekly timeframe. At the same time, the $250 level remains a key reference point. It represents the previous all-time high weekly close and has acted as a ceiling during past rallies. Price has tested this zone multiple times but failed to break and hold above it. As a result, the level continues to define the upper boundary of the current market cycle. Meanwhile, the Relative Strength Index shows recovery from oversold conditions. Earlier dips pushed RSI toward lower levels, where buyers historically entered. The recent bounce in RSI supports the price reaction seen near support. However, RSI still sits below mid-range, which suggests momentum has not fully shifted. In addition, the overall structure reflects a range-bound market between roughly $85 support and $125 resistance. Until price breaks either side, the market remains in…

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Filed under: News - @ March 17, 2026 8:24 pm