- Technical indicators show SOL is in a healthy correction phase, with MACD maintaining a bullish divergence
- The middle Bollinger Band at 162.34 USDT becomes the short-term dividing line between bulls and bears
- Ecosystem growth and institutional holdings support medium to long-term value
SOL Price Prediction
SOL Technical Analysis: Potential Return to Upward Trajectory After Short-Term Correction
According to BTCC financial analyst Mia, the current SOL price of 159.62 USDT is slightly below the 20-day moving average of 162.34, indicating short-term correction pressure. The MACD histogram remains positive (4.3594), with the fast line (13.8894) above the slow line (9.5299), suggesting bullish momentum still dominates. The Bollinger Band channel is converging (upper band 183.94/middle band 162.34/lower band 140.75), with the price near the middle band support. If it holds, it may trigger a rebound.

Market Sentiment Divided: Critical Moment for Solana Bulls and Bears
BTCC analyst Mia points out that current market concerns about SOL primarily stem from short-term overbought pullback needs. However, based on on-chain data, Solana ecosystem development activities and institutional holdings remain at annual highs. 'Technical correction does not change SOL's fundamental advantages as a smart contract platform leader,' Mia emphasizes. If the price can stabilize in the 155-160 USDT support range, it will lay the foundation for a new round of appreciation.
Key Factors Affecting SOL Price
Will Solana Return to a Bullish Trajectory or Face Further Correction?
Solana's market trend remains undecided, with technical indicators sending conflicting signals. The Ichimoku Cloud depicts a cautious outlook—its red tone and thick cloud layer indicate strong resistance levels. Although the Tenkan-sen crossing above the Kijun-sen suggests emerging momentum, SOL remains trapped within the cloud, echoing the continued bearish EMA structure. A decisive breakthrough requires stronger buying support.
The Relative Strength Index (RSI) shows initial recovery signs, rising from 39.26 to 54.51 within three days. However, bulls face a crucial test at the 60 level—historically a watershed between neutral hesitation and confirmed bullish momentum. Market participants are watching closely: failure to break this resistance may limit short-term gains.
Is SOL a Good Investment Right Now?
From a risk-reward perspective, SOL currently offers strategic positioning value:
| Assessment Dimension | Current Status | Potential Opportunities |
|---|---|---|
| Technical Aspect | Short-term overbought correction | Breaking the 20-day moving average will open upward space |
| On-chain Data | Development activity index 87 (top 20% of the year) | New protocol launches may drive TVL growth |
| Market Sentiment | Options Put/Call ratio 0.7 | Derivatives market remains optimistic |
Mia recommends investors adopt a staged entry strategy, using the 155-160 USDT range as the primary support reference, with a target price near the Bollinger Band upper rail at 183 USDT, and stop loss set below the 140 USDT technical support.





