TLDR SOL price revisits the $121 range low as downside momentum begins to fade. Failure to break below $121 suggests demand absorption at key support. 4H structureTLDR SOL price revisits the $121 range low as downside momentum begins to fade. Failure to break below $121 suggests demand absorption at key support. 4H structure

Solana Price Prediction: Support Test Could Set Up Move Toward $160

TLDR

  • SOL price revisits the $121 range low as downside momentum begins to fade.
  • Failure to break below $121 suggests demand absorption at key support.
  • 4H structure shows controlled retracement above a prior consolidation base.
  • Daily Fair Value Gap near $128–$129 adds confluence for potential upside.

Solana(SOL) price is approaching a critical technical juncture as multiple analysts track reactions around key support zones. Recent downside pressure has slowed, shifting focus toward whether current levels hold or break. Several charts now frame the $121–$129 range as pivotal for near-term direction and potential upside continuation.

Solana price Tests $121 Range Low Support

According to analyst Crypto Tony, the medium-term chart shows Solana price revisiting the lower boundary of a well-established horizontal range near $121. This level has repeatedly acted as a reaction zone, increasing its importance in the current structure. Price has declined from recent highs, but downside momentum has weakened as it approaches this zone.

Notably, sellers have struggled to force a decisive breakdown below the range low. Candles near $121 show reduced follow-through, suggesting demand may be absorbing sell pressure. Historically, such behavior around range extremes often precedes either consolidation or a technical bounce.

Tony noted that a confirmed loss of $121 would alter short-term structure decisively. A breakdown could expose deeper liquidity zones below. Conversely, holding this level would keep Solana price within a broader consolidation, rather than confirming a bearish trend shift.

Support Zone Defines Short-Term Structure

Meanwhile, analyst TraderSZ focused on the four-hour chart, where a clearly defined support zone marks the current decision zone. Solana price has retraced sharply from the $148–$150 zone and is now consolidating directly above this zone. The reaction suggests controlled retracement rather than panic-driven selling.

This zone aligns with a prior consolidation base that preceded the latest impulsive move higher. Markets often revisit such bases to validate demand before resuming direction. The current pause reflects balance, indicating neither buyers nor sellers have seized control.

The analyst emphasized that sustained acceptance below this level would weaken the bullish structure. However, as long as the price holds above support, the broader trend bias remains constructive. A rebound from this zone could allow Solana price to rebuild momentum toward higher resistance.

Fair Value Gap Acts as Support Zone

Additionally, another analyst, Cryptocium, highlighted a bullish Fair Value Gap on the daily timeframe, located around the $128–$129 region. This zone overlaps with horizontal support, creating technical confluence. Such overlap often increases the probability of a price reaction.

Solana price recently pulled back into this imbalance following a strong upside move earlier in the month. Retracements into Fair Value Gaps are common in trending environments, as markets seek efficiency before continuation. This behavior supports the view that the pullback may be corrective rather than distributive.

Cryptocium indicated that holding this Fair Value Gap could stabilize price action and attract incremental buyers. A decisive breakdown would invalidate the imbalance and expose lower demand levels. As long as this support holds, the broader bullish structure remains technically intact.

The post Solana Price Prediction: Support Test Could Set Up Move Toward $160 appeared first on CoinCentral.

Market Opportunity
Movement Logo
Movement Price(MOVE)
$0.03332
$0.03332$0.03332
-2.57%
USD
Movement (MOVE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wealthfront Corporation (WLTH) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Wealthfront Corporation (WLTH) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Wealthfront Corporation (“Wealthfront” or the “Company”) (NASDAQ
Share
AI Journal2026/01/21 05:30
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
VIRGINIA BEACH’S LANDSTOWN COMMONS ACQUIRED FOR $102 MILLION BY AN AFFILIATE OF YALE REALTY SERVICES CORP.

VIRGINIA BEACH’S LANDSTOWN COMMONS ACQUIRED FOR $102 MILLION BY AN AFFILIATE OF YALE REALTY SERVICES CORP.

First-in-Class Retail Plaza, Located in Prime Area Appeals with Demographic Diversity, High Employment Rate, Military and Vacation Population WHITE PLAINS, N.Y.,
Share
AI Journal2026/01/21 05:28