Solana (SOL): towards $117?Hi!
SOL remains in a clear descending channel, indicating sustained bearish momentum. After a period of consolidation within the rectangular range, the price recently rejected the upper boundary, forming a potential continuation pattern. The RSI sits near 40, signaling slight oversold conditions bu
SOLUSD Long-Term Market Cycle Analysis |Bear Market Phase ActiveSolana (SOL) was listed on 10 April 2020 at around $0.21 .
During the 2020–2021 bull market (Altseason Phase-4) , SOL showed an exceptionally strong rally after listing and formed its all-time high near $260 on 6 November 2021 .
From that point, a major bear market started.
Between 7 April
SOL very Bullish , Stronger Fundamentalafter ranging for long period of time finally we enter a supercycle, after we watch fed meeting the path is clear. there is no more hawkish, there is more cuts on 2026, we also have Kevin Hassett to make sure everything will goes as Trump's plan. 165k-200k BTC is very possible , 9K-12k ETH is very p
SOLANA MACRO VIEW !
1. Macro Trend: Ascending Channel
The most dominant feature of this chart is the massive ascending parallel channel (the two long black lines sloping upwards).
Long-Term Bullish: Despite volatility, the price has generally trended upward over the last several years, respecting the boundaries of
SOL Breakdown: Still No Bull Signal Below $133SOL has been chopping sideways after the broad downtrend. Price failed to reclaim previous supply layers (~$180–$200), holding under resistance again.
Indicators:
RSI: ~43 (bearish-short term)
MACD: flat to slightly bearish, no strong bullish cross
Structure:
Lower lows still intact. No bullish
$SOL Solana is currently in a clear accumulation phase following a strong reaction from the major demand zone.
The horizontal accumulation in this zone indicates both a re-intensification of liquidity and the market gathering energy for the next directional breakout.
As long as the region holds, the s
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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