TLDR Solana moved above a long descending trendline on the daily chart after months of resistance. SOL price now tests the breakout area as buyers attempt to confirmTLDR Solana moved above a long descending trendline on the daily chart after months of resistance. SOL price now tests the breakout area as buyers attempt to confirm

Solana Price Setup Signals Potential Move Toward $125

2026/04/24 19:48
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TLDR

  • Solana moved above a long descending trendline on the daily chart after months of resistance.
  • SOL price now tests the breakout area as buyers attempt to confirm new support.
  • Analysts state that holding above the broken trendline would strengthen the bullish setup.
  • The weekly chart shows SOL pressing against another falling resistance line.
  • Solana maintains support between $75 and $80 while targeting the $120 to $125 zone.

Solana price trades near key resistance after breaking a long-term daily trendline and testing weekly barriers. Analysts track whether SOL can hold above support and extend gains toward $120 to $125. Current price structure places the next move in focus as buyers defend recent breakout zones.

Daily Chart Structure Signals Shift in Momentum

Solana moved above a descending trendline that capped price since late 2025. CryptoCurb shared a chart showing SOL clearing repeated lower highs. The breakout followed months of rejection near falling resistance levels.

Solana Price Setup Signals Potential Move Toward $125

The chart links lower highs from late 2025 into early 2026 with a blue trendline. That line rejected price during the Binance flash crash and Iran war escalation. Now SOL trades near the breakout zone instead of dropping below it.

CryptoCurb stated, “Price has reclaimed the trendline and is attempting a clean retest.” This retest zone sits close to the previous resistance line. Buyers must defend this area to confirm the shift.

The analyst mapped a green projection pointing toward higher levels. However, the setup requires price to stay above the broken trendline. If SOL falls below it, the breakout structure weakens.

For now, the daily chart shows reduced selling pressure. Price holds above former resistance, and structure favors buyers. The next sessions will confirm whether support remains intact.

Solana Price Prediction Eyes $120–$125 Weekly Target

On the weekly chart, Solana tests another descending trendline. Rendoshi AI shared a setup highlighting resistance from the late 2025 peak. Price presses into that barrier while holding above mid-$70 support.

The weekly structure shows SOL building a base between $75 and $80. Sellers failed to force a breakdown below recent lows. This stability supports a possible upward extension.

Rendoshi AI wrote, “A confirmed break targets the $120 region next.” The chart marks $125 as horizontal resistance above current levels. That zone aligns with the previous supply during earlier rebounds.

The relative strength index shows a bounce from near oversold territory. Momentum improves, yet RSI alone does not confirm a breakout. Price must close above the descending trendline to validate the move.

At present, SOL remains under weekly resistance. However, it holds above support and presses against the trendline. A sustained move higher would open the path toward $120 to $125.

The post Solana Price Setup Signals Potential Move Toward $125 appeared first on CoinCentral.

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$0.01853
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+0.43%
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