Solana's recent trend is worth paying attention to.



In the short term, this wave of market movement shows signs of oscillating with a slight bullish bias. Currently, SOL is around 135, with a daily decline of less than 2%. The 4-hour chart has held above the 134 level, which is the 50-day moving average support, indicating that buying pressure is still strong. The RSI indicator is near the neutral level of 50, and both market sentiment and the long-short ratio lean towards the bulls, suggesting a rebound is expected.

Looking at the medium-term rhythm, the daily RSI remains high at 57, and the bullish atmosphere is still strong. It is important to note a historical pattern — January has traditionally been a period with a higher probability of rebounds. From a technical perspective, 129 is a strong support level; as long as it holds, there should be no major issues. On the upside, the target zone is between 143 and 150.

Key price levels to keep in mind:

Support levels: 134 (4-hour 50 EMA), 129 (strong support zone), 126 (a break below this would signal a shift)

Resistance levels: 143 (previous high), 146, 150

The short-term trading strategy is quite clear — consider going long if there is a pullback around 134-135. Keep an eye on how these levels perform for future moves.
SOL1,75%
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TideRecedervip
· 01-11 14:19
The 129 level is really being defended stubbornly. If it breaks, I'll cut my losses and get out.
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SeasonedInvestorvip
· 01-08 16:57
If you can't hold 129, you have to run. Can this rebound reach 150?
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Hash_Banditvip
· 01-08 16:57
sol's holding that 134 support pretty well... reminds me of the 2021 cycle when network hashrate climbed steady before the real pump kicked in. if it breaks through 143-150 range, that's where the thermal management really gets tested, ngl
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NightAirdroppervip
· 01-08 16:57
129 strong support feels a bit shaky. Can this wave reach 143?
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HashRateHustlervip
· 01-08 16:50
This round of SOL feels pretty good; holding at 129 should be stable.
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FrontRunFightervip
· 01-08 16:42
ngl, the whole "143-150 target" thing conveniently ignores how easily these levels get spoofed... watched this exact setup get liquidated three times last cycle. where's the talk about MEV extraction on these bounces? 👀
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SignatureDeniedvip
· 01-08 16:36
If you can't hold 129, you have to run. Can this rebound reach 143?
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