Recently, I've received quite a few questions: Has $SOL already peaked? What does the current decline mean? Instead of guessing blindly, it's better to understand the structure clearly.
Solana has a particular temperament. Each rally follows the same logic—surge, encounter resistance, pull back, consolidate, and then rise again. It may look repetitive, but there is a pattern.
Some time ago, SOL strongly broke through the $240-260 resistance zone, but it couldn't continue pushing forward in that area, leading to a pullback. Many people get nervous when they see the price drop, but a closer look at the details of the movement shows that this pullback is actually very clean—supported by the demand zone at $120-140, and now it’s stabilizing around this area. This price range has been tested many times in history, each time attracting buying interest. From the trading volume, selling pressure is gradually diminishing, with no signs of accelerated dumping.
So, what SOL is doing now is not collapsing but recharging. The market’s most cunning aspect is here—when most people lose patience, seasoned players are quietly building positions.
As long as SOL can hold the support at $100-120, the larger upward trend remains intact. Once trading volume picks up again, the targets are very clear: first reclaim the resistance at $180-200, then test $240-260. If it can break through this zone with strength, the $300+ level becomes possible.
There’s no need to chase highs or rush to cut losses now. The smartest approach is to watch, wait, and prepare. Solana never moves in a straight line; it always follows a "advance two steps, retreat one" rhythm. Just when everyone is wavering, the market suddenly starts to move.
Patience and discipline are the core of this game—more valuable than short-term gains or losses.
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ChainChef
· 17h ago
honestly sol's just marinating rn, the recipe ain't done yet tbh
Reply0
TradingNightmare
· 18h ago
Starting to tell stories again, is the support at $120-140 really that solid? Multiple historical tests don't necessarily mean it won't break this time.
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RebaseVictim
· 19h ago
Haha, it's the same top-out theory again. Every time, it's the same doom and gloom, and what are the results?
View OriginalReply0
SocialFiQueen
· 19h ago
Oh man, I knew it would drop back to over $100 again before gaining momentum. This kind of operation really tests one's mental state.
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DuskSurfer
· 19h ago
Stick to 100-120, and it should be fine. Honestly, it still depends on when the trading volume comes back.
View OriginalReply0
BasementAlchemist
· 19h ago
Really, it's always like this. I get anxious when I see it falling, but actually it's just accumulation, the old trick.
Recently, I've received quite a few questions: Has $SOL already peaked? What does the current decline mean? Instead of guessing blindly, it's better to understand the structure clearly.
Solana has a particular temperament. Each rally follows the same logic—surge, encounter resistance, pull back, consolidate, and then rise again. It may look repetitive, but there is a pattern.
Some time ago, SOL strongly broke through the $240-260 resistance zone, but it couldn't continue pushing forward in that area, leading to a pullback. Many people get nervous when they see the price drop, but a closer look at the details of the movement shows that this pullback is actually very clean—supported by the demand zone at $120-140, and now it’s stabilizing around this area. This price range has been tested many times in history, each time attracting buying interest. From the trading volume, selling pressure is gradually diminishing, with no signs of accelerated dumping.
So, what SOL is doing now is not collapsing but recharging. The market’s most cunning aspect is here—when most people lose patience, seasoned players are quietly building positions.
As long as SOL can hold the support at $100-120, the larger upward trend remains intact. Once trading volume picks up again, the targets are very clear: first reclaim the resistance at $180-200, then test $240-260. If it can break through this zone with strength, the $300+ level becomes possible.
There’s no need to chase highs or rush to cut losses now. The smartest approach is to watch, wait, and prepare. Solana never moves in a straight line; it always follows a "advance two steps, retreat one" rhythm. Just when everyone is wavering, the market suddenly starts to move.
Patience and discipline are the core of this game—more valuable than short-term gains or losses.