2026-01-17 16:20:46

SOL's recent trend has begun to show signs of an upward move, but there is also significant selling pressure. From a technical chart perspective, it is currently in a short-term consolidation phase.

Looking at support and resistance levels: the support below is steady at $138-140, with medium-term resistance around $145-148. If this area can be broken through, there is still strong resistance at $155 above.

From an indicator standpoint, the RSI is in a neutral to slightly bullish state, and the bullish signal on the MACD has not yet ended, indicating that upward momentum is still building. As long as the price holds above the support level, it should attempt to challenge $155 next. Conversely, if the support is broken, it may retest $131, so risk management should be planned in advance.

In the short term, market sentiment remains relatively strong, and such consolidation often precedes a breakout. If resistance is effectively broken, there is room to move above 160; otherwise, timely stop-losses are necessary.

SOL-1.18%

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OnChainArchaeologist

· 1h ago

If you can't hold 138, you really need to cut losses; I don't want to be hammered again.

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ForkItAll

· 9h ago

Volatility consolidates and prepares for a breakout; the key is whether it can break through the 148 hurdle. --- $155 is not a dream; I'm just worried support might break again. --- Can it hold at 138? That’s the real key. --- MACD remains bullish, but the selling pressure is really strong. --- I can't even imagine 160+, let's see if it can stabilize above 145 first. --- Again, risk management and timely stop-losses—these phrases are getting old, haha. --- Short-term volatility, long-term optimism; ultimately, it still depends on the subsequent funding situation. --- If it can't break 148, it will be a repeated torment; I can't take it. --- The 131 trap really needs to be guarded against; don’t get crushed down.

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AirdropBuffet

· 9h ago

If 155 can be broken, I'll just cut and run. Anyway, if 138 can't be held, I should have already escaped.

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GateUser-a180694b

· 9h ago

It's the same support and resistance explanation again, feels like it's always the same every time. Whether SOL can break above 155 this wave really depends on the momentum. The current volatility is just testing the confidence, right? Breaking 138 would be really troublesome. At that point, you'll have to think carefully about whether to buy the dip or cut losses.

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rekt_but_not_broke

· 9h ago

Hey, it's the same old story again. I'm trembling in fear, waiting to be smashed through 138.

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DefiPlaybook

· 9h ago

This wave depends on whether 138 can hold. If it breaks, it's time to cut losses, no suspense. 155 is really a hurdle; history seems to be repeating itself. RSI is leaning bullish but MACD hasn't moved yet, the signals don't match up. Need to wait a bit longer. 160+? Don't get your hopes up yet, it depends on how the whales play. The oscillation and consolidation are old tricks; another round of dumping to test the waters is coming. If the support level breaks, it will head straight to 131. Risk management must be prepared in advance, everyone. The mid-term resistance keeps being tested but can't be broken; feeling a bit overwhelmed. This kind of market is easiest to get trapped in; maintaining a steady mindset is the key.

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QuorumVoter

· 9h ago

Holding 138 is really the only way out, it seems like this wave is about to crash again.

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