SOL/USD has resumed its decline within a long-term downtrend after an extended consolidation inside the 150.00–125.00 range and is now moving lower along its upper boundary. The price is approaching the 75.00 level (Murray [2/8]), which was unsuccessfully tested a week earlier. A confirmed break below this mark would open the way toward 50.00 (Murray [0/8]) and 25.00 (Murray [-2/8]). For bulls, the key resistance zone lies at 107.40–112.50 (Fibonacci 61.8% retracement, Murray [4/8], middle Bollinger Band). A breakout above this area would signal a stronger upside recovery toward 150.00 (Murray [8/8]) and 175.00 (Murray [+2/8]).
Technical indicators continue to favor the prevailing trend: Bollinger Bands and the Stochastic oscillator are turning downward, while the MACD histogram remains stable in negative territory. On the weekly chart, Bollinger Bands are still directed lower, and a completed “flag” pattern reinforces the dominance of bearish momentum.
Support and Resistance Levels
Resistance levels: 112.50, 150.00, 175.50.
Support levels: 75.00, 50.00, 25.00.
Trading Scenarios and SOL/USD Outlook
Short positions may be opened below 75.00 with targets at 50.00 and 25.00 and a stop-loss at 90.00. Timeframe: 5–7 days.
Long positions may be considered above 112.50 with targets at 150.00 and 175.50 and a stop-loss at 90.90.
Scenario
| Timeframe |
Weekly |
| Recommendation |
SELL STOP |
| Entry Point |
74.90 |
| Take Profit |
50.00, 25.00 |
| Stop Loss |
90.00 |
| Key Levels |
25.00, 50.00, 75.00, 112.50, 150.00, 175.50 |
Alternative Scenario
| Recommendation |
BUY STOP |
| Entry Point |
113.00 |
| Take Profit |
150.00, 175.50 |
| Stop Loss |
90.90 |
| Key Levels |
25.00, 50.00, 75.00, 112.50, 150.00, 175.50 |
John Isige is an experienced cryptocurrency journalist and market analyst specializing in digital assets, blockchain innovation, and emerging Web3 trends. He provides clear, actionable market insights for traders and investors, with particular expertise in DeFi, smart contracts, NFTs, RWAs, and AI-powered blockchain ecosystems. His commentary and analysis have been featured in FORECK.INFO, CoinGape, CryptoNews, and other leading digital finance publications
