Published: Dec 09, 2025 at 14:40
Updated: Dec 09, 2025 at 15:50
Solana (SOL) has continued to decline following a false breakout above the 21-day SMA.
Solana price long-term prediction: bearish
On December 2, SOL price surpassed the 21-day SMA, reaching a high of $146. However, the bullish momentum failed to break through the 50-day SMA. A close above the 50-day SMA would indicate that the bullish trend has resumed. The bullish momentum was halted around the $146 high, and the price has since fallen below the 21-day SMA support.
Solana is currently trading at a low of $136 after this rejection. If the bearish momentum continues, the altcoin could fall to a low of $110.
Technical indicators
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Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
Solana price indicator analysis
The price bars have dropped below the downward-sloping moving average lines. Buyers were unable to sustain bullish momentum above the 21-day SMA, resulting in a decline. On the 4-hour chart, the price bars are below the horizontal moving average lines, indicating a downtrend.
What is the next move for Solana?
Solana price has remained above the $120 level as the bearish trend weakens. On December 5, the altcoin rose above $130 before consolidating above this level. Buyers aim to push the price above the moving average lines.
However, if the bears break below the $120 support level, selling pressure is likely to return.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/solana-faces-decline/
