Solana (SOL) is changing hands around $74.48, down about 3.7% over the past day. The token has been stuck in a tight range for weeks, but two separate technical signals now point to a possibl
Solana (SOL) is changing hands around $74.48, down about 3.7% over the past day. The token has been stuck in a tight range for weeks, but two separate technical signals now point to a possible positive turn.
Let’s discuss the Solana price prediction.
Yes, according to chart data shared by analyst Ali Charts. The TD Sequential indicator just printed a "9" buy signal on the SOL monthly chart.
This type of signal often shows up near the end of a long selling trend. It does not guarantee a bounce. But it has flagged past turning points for SOL going back to the 2022 bear market lows.
The current print comes with SOL trading around $76.62 on that specific chart snapshot, close to where it sits today.
A second signal is now adding to the bullish case. The ATR trailing stop, known as the SuperTrend indicator, has flipped below price for the first time since October 10.
This flip is often read as a buy signal. It suggests short-term momentum has shifted in favor of buyers after months of selling pressure.
If buying pressure keeps building, some analysts see $SOL rallying toward $96, and possibly as high as $121.
The $60 level is the key line in the sand. As long as $SOL holds above that zone, the bullish structure stays intact. A break below $60 would invalidate this outlook and open the door to further downside.
RSI on the daily chart reads 45.51, which is neutral. It is not overbought or oversold, leaving room for a move in either direction.
Table: Key Solana price levels to watchLevel Type
Price
Current Price
$74.48
24h Low
$73.83
24h High
$76.52
SuperTrend Flip Level
~$74.00
First Bullish Target
$96.00
Extended Bullish Target
$121.00
Key Invalidation Level
$60.00
Key Resistance
$110.79
June Swing Low
$66.80
What is the SOL liquidation level today?The liquidation map adds more context to this Solana price prediction. Data from Coinglass shows a large cluster of short liquidations building up between $76 and $79, worth well over $150 million in leverage.
That means if SOL pushes above $76, a wave of forced short covering could add fuel to a move higher.
On the downside, long liquidation clusters are thinner below $73, suggesting less resistance to a drop if the wedge support breaks.
Is Solana long or short right now?Open interest in SOL futures sits at $4.84 billion, down 2.38% over the past day. Trading volume is up 4.27% to $6.67 billion, showing decent activity despite the price dip.
Long-to-short ratios on major exchanges lean bullish. Binance shows a long/short account ratio of 2.63, and OKX shows 2.57. Most retail traders positioned in the futures market appear to be leaning long.
Options open interest also rose 2.29% to $96.69 million, even as options volume dropped nearly 47%.
The setup now leans bullish. Both the monthly TD Sequential buy signal and the daily SuperTrend flip point in the same direction, hinting at a possible bigger trend shift for SOL.
A close back above $76 to $77 could shift momentum higher, especially with short liquidations clustered there. From there, $96 and $121 stand out as the next levels bulls will be watching.
The $60 level remains the key downside marker. As long as $SOL holds above it, the bullish outlook stays on the table.
DisclaimerThis article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and unpredictable. Past performance and technical signals do not guarantee future results. Always do your own research and consult a licensed financial advisor before making any investment decisions. You could lose some or all of your invested capital.
