Solana stays structurally weak below $120 as failed recoveries confirm a broader corrective market phase. Analyst highlights $60–$70 as the first support zone  Solana stays structurally weak below $120 as failed recoveries confirm a broader corrective market phase. Analyst highlights $60–$70 as the first support zone

Two Price Zones That Could Decide Solana’s Next Big Move

2026/02/18 04:00
3 min read
  • Solana stays structurally weak below $120 as failed recoveries confirm a broader corrective market phase.
  • Analyst highlights $60–$70 as the first support zone where price may attempt a temporary macro bottom.
  • If $60 fails, Solana could revisit the $25–$35 demand zone that launched the last major rally.

Solana is flashing warning signs on the weekly chart. Crypto analyst Scient recently shared a macro breakdown of SOL, pointing to a clear bearish structure. 

The token is currently trading around $85, well below a critical resistance level. According to Scient, only two price zones truly matter for what comes next. Everything else, he says, is just noise.

SOL Stays Bearish Below This Key Level

Scient identifies $120 as the line in the sand. In his analysis, that level was once a strong weekly support. It has since flipped into resistance, and SOL has failed to reclaim it. As long as the price stays below $120, Scient sees the trend as bearish and weak. 

Rallies under that level, he argues, are corrective bounces. They are not signs of a trend reversal. The chart shows a series of lower highs since SOL peaked near $200-$220. That pattern confirms the asset is in a macro reset, not a short pullback.

Scient traces the current phase back through three market cycles. SOL ran from under $10 to above $250 in the 2021 bull cycle. It then based between $20 and $35 during the 2022-2023 accumulation period. 

That base fueled the 2024-2025 rally to around $200. The current phase, Scient says, is distribution breaking down into correction.

The Only Two Zones Where a Bottom Could Form

Scient highlights two specific areas he expects buyers to show up. The first is the $60-$70 range. This lines up with the 0.75 Fibonacci retracement of the recent bull cycle. 

Historically, that fib level is where deep corrections find temporary support. Scient notes the area could bring volatility and consolidation before any real bounce attempt.

The second zone sits much lower. It spans roughly $25-$35, a region Scient calls the weekly demand fair value gap. That zone was the origin of the entire 2024-2025 rally. 

In his view, it holds the strongest structural support on the macro chart. If the $60-$70 level fails to hold, he sees that demand zone as the ultimate floor.

Between $70 and $120, Scient sees little of value. That range holds mid-level liquidity but no structural edge. His chart projects a possible sideways chop near $70-$90 before price makes its next decisive move.

For the bearish outlook to change, Scient says SOL needs a weekly close above $120. A wick above it would not count. Price would need to accept and hold above that level. Only then would the structure shift toward a potential move back to $150-$180.

At the time of writing, Solana trades at $85.15. Its 24-hour trading volume sits at over $3.29 billion, with a slight 0.68% gain in the past day.

The post Two Price Zones That Could Decide Solana’s Next Big Move appeared first on Live Bitcoin News.

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