Solana Price Prediction: SOL Defends Long-Term Support as Falling Wedge Breakout Tests $140
The post Solana Price Prediction: SOL Defends Long-Term Support as Falling Wedge Breakout Tests $140 appeared on BitcoinEthereumNews.com.
Solana price trades in a tight consolidation above key support near $120–$130, as market experts watch for a breakout or continuation following its extended 2025 pullback. Solana price after extended pullback from its 2025 highs is now trading in a tight range, with traders closely monitoring whether the current structure marks a base for recovery or a continuation of consolidation. Solana current price is $132.50, down 2.97% in the last 24 hours. Source: Brave New Coin Recent data from Brave New Coin shows Solana trading near $132.50, reflecting modest intraday weakness but continued defense of a broader demand region. While short-term momentum remains mixed, market watchers note that SOL has yet to lose its most important higher-timeframe support, keeping both bullish and bearish scenarios in play as the market waits for confirmation. Solana Trades Sideways as Market Searches for Direction Solana’s recent decline pushed price back into the $125–$130 range, an area that has increasingly acted as a short-term balance zone rather than a confirmed breakdown region. While SOL is no longer testing the lower extremes of its macro support, price remains capped within this band, reflecting a market that is consolidating rather than choosing direction. Solana’s range-bound structure signals a decisive move ahead. Source: Ali Martinez via X A widely shared chart from Ali Martinez highlights the importance of nearby levels, noting that a move above $145 flips the trend bullish, while a loss of $125 would shift the structure lower. His analysis frames the current price action as a neutral compression phase, suggesting that SOL is effectively in wait-and-see mode rather than signaling either continuation or reversal. Technical Structure Signals Early Reversal Potential From a pure chart-structure perspective, Solana price is beginning to show signs of reversal. Bitcoinsensus recently highlighted a falling wedge breakout on the daily chart.…
Filed under: News - @ December 13, 2025 7:26 pm