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Solana Price Prediction: One Chart Warns of Drop, Another Eyes Rally


Solana Price Prediction: One Chart Warns of Drop, Another Eyes Rally

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AI Overview

Analyst highlights a bearish breakdown pattern on Solana (SOL) that could repeat a prior failure and project a move toward the $200 area, though the pattern lacks support/volume confirmation. Short-term 4H bullish setup requires SOL to reclaim and hold above $81.19 (invalidation $79.96) off a descending trend line, targeting ~$96.95 (~17% upside); deeper support near $73.25. Mixed technical outlook for SOL: defined breakout trade with tight risk/reward vs. material downside risk—key for crypto traders managing volatility and token risk.

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Solana is sending mixed signals across two very different charts. One points to a breakdown pattern that could drag SOL lower, while the other shows a short term breakout setup if buyers keep control above the $81 area.

Solana Breakdown Pattern Points to a Possible Move Toward $200

The chart shared by curb.sol compares Solana’s latest price structure with an earlier setup that ended in a sharp decline. In both cases, SOL rose along a steep trend, then broke down from a local top and started moving lower. The analyst uses that similarity to argue that Solana may be following the same path again.

Solana Breakdown Pattern Chart. Source: curb.sol

The image highlights two “breakdown” points with red arrows showing the projected direction after each failure. In the earlier pattern, SOL dropped hard after losing momentum near the peak. The current section marks a similar breakdown around another local high and then shows price already sliding lower. Based on that comparison, the post points to a possible move toward the $200 area.

Still, this is a pattern comparison, not confirmation on its own. The chart does not show support levels, volume, or other indicators that would strengthen the case. So the main takeaway is that the analyst sees Solana repeating a prior breakdown structure, and if that pattern keeps tracking closely, the next downside zone could be around $200.

Solana Trade Setup Targets a Break Above $81.19

The chart shared by Don shows a live Solana trade on the 4 hour timeframe, with a bullish setup built around a breakout from a descending trend line. Price is hovering near the entry zone around $81.19, while the invalidation level sits lower near $79.96. That gives the setup a tight risk area, which means the trade depends on SOL holding just above nearby support.

Solana 4H Breakout Trade Setup Chart. Source: Don on X 

The chart also marks a target near $96.95. If Solana confirms the move above the falling yellow resistance line, the setup implies roughly a 17% upside from the entry area. In other words, the trade is based on the idea that SOL may be finishing a short term downtrend and starting a recovery toward the mid $90 range.

At the same time, the image keeps lower support levels in view. One sits just below the entry zone, while another deeper diagonal support appears near $73.25. So although the trade is active, it still needs price to stay firm above the red support band and avoid slipping back into the prior weak structure.

For now, this is a breakout attempt with a defined risk and reward profile. The chart supports a bullish short term view only if SOL reclaims momentum above the descending trend line and holds the $81 area as support.

Read the article at Coinpaper

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Coins

$ 77.87

+0.09%

$ 78.39

+1.07%

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In This News

Coins

$ 77.87

+0.09%

$ 78.39

+1.07%

Funds

Predictions Markets

See what traders are focused on

View analytics →
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