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Solana is now facing a critical liquidity resistance zone after enduring weeks of heightened volatility and intense selling pressure across the crypto market. Following a steep drawdown, SOL has finally shown signs of buyer interest, sparking renewed optimism among traders. Despite the recent bounce, Solana remains over 47% down from its early March highs, reflecting the broader bearish sentiment that has gripped altcoins in the face of macroeconomic uncertainty and global tensions.
The price action is approaching a make-or-break point, and traders are watching closely. Top analyst Big Cheds shared insights on X, suggesting that a move “over $125 could trigger long on 2-level filter,” signaling the potential start of a momentum-based breakout if SOL can clear this threshold with strength. This level now acts as a key pivot in the short-term outlook for Solana.
A breakout above $125 could reignite bullish momentum and attract sidelined capital back into the altcoin market. However, rejection at this resistance could fuel further consolidation or downside. With market conditions still fragile, all eyes are on SOL’s reaction to this crucial zone as traders weigh the risk and reward of a potential breakout scenario.
Solana Rebounds 25% As Bulls Eye Breakout
After weeks of relentless selling pressure, Solana is showing renewed signs of strength. Following a dramatic correction that took SOL from over $200 to a low of $95, the asset has finally found relief. Since Monday, Solana has bounced more than 25%, fueled by improved sentiment and positive macroeconomic developments. The rally began shortly after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces an increased 145% tariff. This temporary easing of trade tensions injected optimism back into the market, sparking strong upside across high-beta crypto assets like SOL.
Top crypto analyst Big Cheds shared a bullish outlook, noting that “SOL Over $125 could trigger long on 2-level filter.” This level now serves as a key technical threshold—breaking above it could confirm the end of Solana’s local downtrend and potentially initiate a sustained bullish phase. Cheds’ system highlights this setup as an optimal long trigger, assuming volume and momentum follow through.
If bulls manage to push SOL past $125 with conviction, a breakout rally could follow, supported by improving on-chain metrics and recovering market sentiment. However, failure to reclaim this resistance could result in renewed selling pressure or extended consolidation. For now, $125 is the line in the sand.
SOL Price Faces A Technical Barrier At $128
Solana (SOL) is currently trading at $122 after a week of volatile recovery attempts, yet it continues to face key technical resistance. For weeks, SOL has struggled to push above the 4-hour 200 Moving Average (MA) and Exponential Moving Average (EMA), which are now converging around the $128 level. These indicators have acted as strong resistance during previous rallies, and bulls must reclaim them to signal short-term strength and validate the potential for a broader recovery phase.
If buyers manage to push SOL above $128 and hold it as support, momentum could build quickly, with a possible run toward higher resistance levels. However, failure to break above these technical thresholds could weaken bullish sentiment and encourage renewed selling pressure.
Additionally, the $120 level is now a crucial zone of immediate support. Losing this level would undermine the recent bounce and open the door to a deeper pullback. If $120 fails to hold, SOL could drop quickly toward the $100 level or even lower, revisiting areas of previous consolidation. Traders are watching this range closely, as the next move will likely dictate whether SOL enters a sustained recovery or resumes its broader downtrend.
Featured image from Dall-E, chart from TradingView
Sebastian’s journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.
To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a trusted voice in the online crypto community. Sebastian’s goal was to educate and inform his audience about the latest trends and insights in the rapidly evolving crypto landscape.
To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance and decentralized finance. The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.
Sebastian’s passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K reports, or engaging in thought-provoking discussions about the future of finance.
Sebastian’s journey as a crypto pioneer has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable contributor to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and helping to shape the future of this revolutionary technology.
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