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Solana Price Analysis: Key Support Levels in Danger as Analysts Warn of Deep Correction

Solana Price Analysis: Key Support Levels in Danger as Analysts Warn of Deep Correction

Solana (SOL) is once again testing investor confidence, hovering around the $188 mark after several failed attempts to build upward momentum.

Analysts now warn that a drop below $180 could trigger a much steeper correction, with lower support zones forming far beneath current levels.

Cryptocurrency analytics firm MakroVision has released a detailed technical report outlining Solana’s current price dynamics. According to the firm, the asset continues to show resilience through a pattern of “higher lows,” suggesting that buyers are still attempting to defend key levels despite weakening momentum. However, short-term rallies have lacked conviction, often fading before establishing meaningful follow-through.

$180 Becomes the Line Between Recovery and Breakdown

MakroVision’s report emphasizes the $173–$180 range as a crucial short-term support area. This zone aligns with the 0.5 Fibonacci retracement, a level that often acts as a pivot point between continuation and correction phases.

If Solana fails to maintain this range, analysts believe the next potential landing area could be the “Golden Pocket” region, situated between $155 and $148. Historically, this zone has served as a point of renewed buying interest, but a retest could also signal fading momentum across the broader market.

“Solana is signaling strength by forming higher lows, but bullish momentum remains limited,” the report noted. “Without a decisive close above resistance, the asset may continue oscillating within a tightening range.”

Broader Technical Picture: Resistance Levels at Play

Beyond support, Solana faces a dense wall of resistance. MakroVision highlighted the red trend lines on its chart as a significant pressure zone, stating that “it remains difficult to generate sustainable bullish energy without breaking above this structure.”

A successful daily close above $204 could be the catalyst for renewed momentum, potentially pushing the price toward $223–$246. Above that, a sustained climb could bring $260 back into play — a resistance level that has repeatedly capped rallies since early 2024.

Ali Charts: Warning of Deeper Support Levels

Market analyst Ali, who shared his technical breakdown on X (formerly Twitter), echoed similar caution. He noted that if Solana falls below $180, the next meaningful supports could be much lower — near $115 and $50.

Ali’s chart highlights three major levels: resistance at $260, intermediate support around $115, and a long-term floor at $50. The wide gap between these levels reflects the growing uncertainty around Solana’s medium-term trajectory.

Market Sentiment and Next Steps

While Solana’s ecosystem continues to show strong developer activity and rising DeFi participation, market sentiment has become increasingly cautious. The token’s failure to reclaim $200 has weakened short-term confidence among traders, even as long-term holders remain optimistic about Solana’s fundamentals.

A decisive move above $204 would likely shift the narrative, restoring bullish momentum and opening the door for a return to higher ranges. Conversely, losing support at $180 could expose the asset to deeper retracements, possibly validating the lower zones identified by both MakroVision and Ali.

Outlook: Critical Phase Ahead

Solana’s price structure remains technically intact, but momentum is clearly fading. The coming days may determine whether the asset’s consolidation near $180 marks the start of a broader recovery or the beginning of a deeper correction.

As MakroVision summarized in its report:

“Solana is at a crossroads. A push above $204 could trigger a meaningful recovery phase, but a breakdown below $180 risks revisiting the Golden Pocket around $150 — or worse, the deeper supports near $115 and $50.”


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author
Александър Стефанов - Главен редактор на TradeNews

Reporter at Coindoo

Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

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