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Solana’s price action shows mixed signals across higher and lower timeframes as sellers defend key resistance while buyers attempt to regain structure. On the daily chart, SOLUSDT on Binance pushed into the mid-$140s before facing strong selling pressure. That move formed a local top and triggered consecutive red candles, signaling a pause after recent upside attempts.
The four-hour chart shows price breaking out of a long falling channel, placing Solana at a technical decision point that traders now monitor closely. Does Solana have enough strength to turn these signals into a sustained uptrend?
The daily timeframe shows Solana rejecting a blue resistance zone that capped price advances several times. Each earlier approach to this area led to sharp pullbacks, confirming heavy supply.
This latest rejection mirrors those past reactions. Solana price is trading well below the resistance, indicating a shift from expansion into consolidation.
Consecutive red candles followed the rejection. That sequence reflects fading bullish momentum after the recent push higher.
Below the current price, the chart marks an unfilled bullish fair value gap between $126 and $129. This zone aligns closely with a clearly defined previous low. That overlap strengthens the area as potential demand. Earlier sessions showed buyers defending this level during prior pullbacks.
The Solana chart projects a controlled dip into the FVG before a possible rebound. Green arrows mark prior lows that outline a potential inverse head and shoulders structure.
On the four-hour timeframe, Solana spent weeks moving lower inside a falling channel. Lower highs and lower lows defined bearish control from October through December. Price has now broken above the upper boundary of that channel. This move marks the first clear invalidation of the broader downtrend structure.
After the breakout, SOL rebounded toward $140. Volume increased near the breakout zone, showing stronger participation as the price moved higher.
Immediate resistance sits at $143.48. This level aligns with prior consolidation and now acts as a critical reclaim zone. Above it, stronger resistance stands at $152.24. This area marks previous breakdown points during the decline and acts as a trend confirmation level.
The next upside target appears at $171.55, which represents higher-timeframe resistance. On the downside, $139.87 offers short-term support, while $133 marks key invalidation if the price breaks lower.
Also Read: Why are Meme Coins and Solana Suddenly Surging Again?
Solana price action reflects a market at a turning point. Daily charts show rejection at major resistance, while the four-hour breakout signals an improving structure. Key levels at 143, 152, and 171 now guide direction. Traders should monitor confirmation above resistance or risk control below support.
