Technical indicators remain mixed: Bollinger Bands are turning upward, MACD is preparing to enter the negative zone, while Stochastic may soon exit oversold territory.

On the weekly chart, the long-term uptrend remains intact, limiting the correction potential to around 183.80 (midline of the Bollinger Bands, W1).

Support and Resistance Levels

Resistance: 227.50, 250.00, 265.62.

Support: 203.12, 183.80, 171.88.

SOL/USD chart

Trading Scenarios and Forecast for Solana (SOL/USD)

Short positions can be considered below 203.12 with targets at 183.80 and 171.88, stop-loss at 216.80. Timeframe: 5–7 days.

Long positions are relevant above 227.50 with targets at 250.00 and 265.62, stop-loss at 212.00.

Scenario

Timeframe Weekly
Recommendation SELL
Entry Point 202.74
Take Profit 183.80, 171.88
Stop Loss 216.80
Key Levels 171.88, 183.80, 203.12, 227.50, 250.00, 265.62

Alternative Scenario

Recommendation BUY STOP
Entry Point 227.55
Take Profit 250.00, 265.62
Stop Loss 212.00
Key Levels 171.88, 183.80, 203.12, 227.50, 250.00, 265.62