The post SuperTrend Turns Bullish, $360 Path Forms appeared on BitcoinEthereumNews.com. Solana is showing two separate signs of strength as one chart maps a longerThe post SuperTrend Turns Bullish, $360 Path Forms appeared on BitcoinEthereumNews.com. Solana is showing two separate signs of strength as one chart maps a longer

SuperTrend Turns Bullish, $360 Path Forms

For feedback or concerns regarding this content, please contact us at [email protected]

Solana is showing two separate signs of strength as one chart maps a longer path toward a major upside target and another shows a fresh bullish trend signal. Together, the setups suggest Solana may be moving out of a weak phase and into an early recovery structure.

Solana Chart Maps Multi Stage Path Toward Possible Long Term $360 Target

Solana is trading inside a broader descending channel while analysts monitor a possible recovery structure that could unfold in several stages. Chart analysis shared by Celal Kucuker outlines key price zones that may shape the next long term move for Solana.

Solana Descending Channel Projection. Source: Celal Kucuker

The chart shows Solana previously reaching around $145 before entering a sharp decline that later pushed the asset toward the $65 region. These levels appear on the chart as earlier checkpoints that already occurred within the wider downtrend structure. After that drop, Solana stabilized and began forming a short term base above the lower boundary of the channel.

According to the projected structure on the chart, the next potential stage could involve a move toward the $110 area. That level aligns with a descending resistance line that has capped several recovery attempts during the broader decline. A move into that region would place Solana near the upper boundary of the current consolidation zone.

However, the projection also includes a deeper retracement scenario before a larger recovery develops. In that path, Solana could revisit a lower support area near $50 if the descending channel continues to guide price action. Such pullbacks often appear in longer consolidation structures before a stronger trend reversal takes shape.

If the broader structure eventually shifts, the chart suggests a longer term expansion phase that could push Solana toward the $360 area. The projection places this potential target in the first quarter of 2027, assuming the market transitions from the current downtrend channel into a sustained upward structure.

For now, the chart focuses on how Solana behaves around the channel resistance and nearby support zones. Those levels may determine whether the asset continues consolidating inside the descending structure or begins forming the early stages of a larger breakout cycle.

Solana SuperTrend Indicator Turns Bullish for the First Time Since January

Solana has triggered a bullish signal on the SuperTrend indicator for the first time since early January, according to chart analysis shared by Ali Martinez, known online as Ali Charts. The signal appeared on the daily chart, where the indicator shifted from a bearish structure to a bullish trend.

Solana SuperTrend Indicator Signal. Source: Ali Charts

The SuperTrend indicator follows price direction and volatility to identify potential trend changes. When the indicator flips from above price to below it, traders often interpret the move as a shift from a downward trend to an upward one. In the chart shared by Martinez, the indicator line moved below Solana’s daily candles after several weeks of downward pressure.

Earlier in the year, Solana traded under persistent selling pressure while the SuperTrend line remained above the price structure. That positioning typically signals a bearish trend because resistance continues to cap upward moves. However, the recent flip indicates that the indicator now tracks below price, suggesting that market momentum may be shifting.

The chart also shows a consolidation phase forming after the earlier decline. During that period, Solana produced a sequence of tighter daily candles while testing resistance zones that previously limited recovery attempts. The indicator shift occurred as price pushed through that short term structure.

Technical traders often watch the SuperTrend signal alongside other indicators to confirm broader trend changes. While the indicator alone does not guarantee a sustained move, its transition to bullish territory often marks the early stage of trend reversals after extended declines.

For now, the focus remains on whether the new SuperTrend structure holds during upcoming sessions. If price continues to maintain strength above the indicator line, the chart would keep the bullish signal active.

Source: https://coinpaper.com/15445/solana-price-prediction-super-trend-turns-bullish-360-path-forms

Market Opportunity
Bullish Degen Logo
Bullish Degen Price(BULLISH)
$0.003648
$0.003648$0.003648
+6.82%
USD
Bullish Degen (BULLISH) 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

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month

New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month

Climbing to the top of the meme coin charts takes more than a viral mascot or celebrity tweets. Hype may spark attention, but only momentum, utility, and adaptability keep it alive. That’s why the latest debate among crypto enthusiasts is catching attention. While Dogecoin remains a household name, a new player has entered the arena […] The post New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/09/18 00:30
XRP Price Prediction 2026: Pepeto’s Presale Math Overshadows XRP and Solana as Wall Street Pushes $540 Million Into SOL ETFs

XRP Price Prediction 2026: Pepeto’s Presale Math Overshadows XRP and Solana as Wall Street Pushes $540 Million Into SOL ETFs

Goldman Sachs, Morgan Stanley, and Citadel collectively poured over $540 million into U.S. spot Solana ETFs in a single quarter. When the most conservative names
Share
Techbullion2026/03/16 05:37