Solana (SOL) Price Prediction for May 26: Bulls Face $186 Wall as Momentum Stalls Below Fibonacci Ceiling
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After a powerful two-week surge from sub-$140 levels, the Solana price today is trading near $179.05, up nearly 30% since the May breakout. However, recent sessions have seen the rally begin to cool as bulls face stiff resistance at the 50% Fibonacci retracement near $184 and short-term exhaustion appears on the charts.
The question now is: Why is the Solana price going down today after such a strong bullish push? Technical charts offer some clear signals that bulls may be losing grip near a key decision zone.
What’s Happening With Solana’s Price?
The Solana price action on the 4-hour chart shows a steep breakout from the wedge structure formed earlier in May, propelling SOL from the $140–$145 accumulation zone toward a high of $187.45. This move aligned with broader altcoin strength and Bitcoin stability above $67,000.
However, since tagging the resistance zone around $186–$188, the Solana price has started forming lower highs on shorter timeframes. A rising wedge breakdown on the 1-hour and 30-minute charts is now placing pressure on support around $176 and $17…
The post Solana (SOL) Price Prediction for May 26: Bulls Face $186 Wall as Momentum Stalls Below Fibonacci Ceiling appeared first on Coin Edition.
In This News
Coins
$ 86.45K
-2.89%
$ 0.160
-7.16%
$ 0.0000824
$ 0.000207
$ 126.15
-3.71%
Share:
In This News
Coins
$ 86.45K
-2.89%$ 0.160
-7.16%$ 0.0000824
$ 0.000207
$ 126.15
-3.71%Share:
Read More
Solana Price Prediction: SOL Trades in a Tight Range as Traders Reassess Risk
Ethereum is fighting for survival as insiders warn a “dangerous complacency” could make it irrelevant by 2030
Solana (SOL) Price Prediction for May 26: Bulls Face $186 Wall as Momentum Stalls Below Fibonacci Ceiling
Share:
After a powerful two-week surge from sub-$140 levels, the Solana price today is trading near $179.05, up nearly 30% since the May breakout. However, recent sessions have seen the rally begin to cool as bulls face stiff resistance at the 50% Fibonacci retracement near $184 and short-term exhaustion appears on the charts.
The question now is: Why is the Solana price going down today after such a strong bullish push? Technical charts offer some clear signals that bulls may be losing grip near a key decision zone.
What’s Happening With Solana’s Price?
The Solana price action on the 4-hour chart shows a steep breakout from the wedge structure formed earlier in May, propelling SOL from the $140–$145 accumulation zone toward a high of $187.45. This move aligned with broader altcoin strength and Bitcoin stability above $67,000.
However, since tagging the resistance zone around $186–$188, the Solana price has started forming lower highs on shorter timeframes. A rising wedge breakdown on the 1-hour and 30-minute charts is now placing pressure on support around $176 and $17…
The post Solana (SOL) Price Prediction for May 26: Bulls Face $186 Wall as Momentum Stalls Below Fibonacci Ceiling appeared first on Coin Edition.
In This News
Coins
$ 86.45K
-2.89%$ 0.160
-7.16%$ 0.0000824
$ 0.000207
$ 126.15
-3.71%Share:
In This News
Coins
$ 86.45K
-2.89%$ 0.160
-7.16%$ 0.0000824
$ 0.000207
$ 126.15
-3.71%Share:
Read More
Solana Price Prediction: SOL Trades in a Tight Range as Traders Reassess Risk