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Solana price signals bullish expansion at $137 as RSI begins to up-trend
Solana price trades above key support at $131 while RSI begins trending upward, signalling early bullish strength and the potential for a directional expansion toward higher price targets.
Solana Solana
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0.37%
Solana price is showing early signs of a bullish shift as price continues to hold above a major high-time-frame (HTF) support zone at $131. After several days of tight consolidation, market structure and momentum indicators are beginning to align in favor of a potential upside breakout.

Notably, the Relative Strength Index (RSI) has started forming a clear uptrend, a signal often associated with early-stage accumulation before an impulsive price expansion. With the Point of Control (POC) now shifting directly into the support region, volume confirms heightened activity that could precede the next directional move.

Solana price key technical points
Solana trades above HTF support at $131, showing signs of accumulation.
RSI is trending upward, hinting at early bullish momentum building beneath the surface.
Point of Control has shifted into the support zone, confirming heavy volume and increasing likelihood of a strong expansion.
For most of the week, Solana’s price has been anchored around the $131 HTF support, a level that has demonstrated strong resilience despite broader market fluctuations. This behavior is often associated with an accumulation phase, where buyers gradually absorb sell-side pressure without allowing price to break lower.

The consolidation occurring at a major support level is notable, as it signals that market participants are defending the zone while preparing for the next structural move, momentum reinforced by ecosystem developments such as Bhutan’s gold-backed TER token launching on the Solana blockchain, boosting broader network confidence.$BTC ‌$$SOL ‌