BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Solana Dances at $145 as Bears and Bulls Battle for Control: Here are the Critical Levels You Need to Know

by Drop Gorn
April 30, 2025
in Crypto, Finance, Opinion, Solana
A A
Solana Dances at $145 as Bears and Bulls Battle for Control: Here are the Critical Levels You Need to Know
3
SHARES
Share on TwitterShare on Reddit
  • Solana is consolidating around the key $145 support level after a rally from $95 to $157, with resistance forming near $155. The price currently floats around $148.
  • Technical signals are mixed: A bearish head-and-shoulders pattern threatens a drop to $137 or lower if $145 breaks, while a bullish cup-and-handle pattern on the weekly chart suggests a possible breakout toward $300 in the long term.
  • Next moves depend on $145: Holding above it could lead to a rally toward $165 or $180; dropping below might spark a correction to $137 or even $124. All eyes are on whether bulls can maintain momentum.

Solana ($SOL) has been holding its ground, more or less, around that all-too-familiar $145 psychological mark. After bouncing back from a dip near $95 (yeah, that low), it pushed up to $157 before running into a wall—yep, resistance at $150ish hasn’t been easy to shake off. Right now, it’s kinda just chilling around $148. There’s some buyer curiosity there, but also a decent dose of caution. Bears? Still circling.

Holding on Tight – but for How Long?

Looking at the 4-hour chart, there’s this lower wick on the latest candle that gives off a bit of a bullish vibe. Nothing huge, but it hints at buyers stepping in. Also, the 50 EMA is lending a bit of support around $145—think of it as a safety net for now. Still, if SOL slips below that, it could drop down to $137, where the next batch of support is waiting.

Solana Sol Chart Analysis

Bearish Head-and-Shoulders Alert

Here’s the tricky part. That whole $145–$155 range? It’s started shaping into a bearish head-and-shoulders pattern. And that neckline? Yep, it’s sitting right at $145. If SOL breaks below that neckline with conviction, we might be staring down targets like $137—or worse, $124. Not the prettiest picture.

Wait, There’s a Cup-and-Handle Too?

Now, before you get too gloomy, there’s a twist. Zoom out to the weekly chart, and you’ll see something kinda exciting—a cup-and-handle pattern forming. It’s one of those bullish continuation setups, and if it plays out, SOL could rip through the upper resistance and head much, much higher. Analyst Ali Martinez is especially pumped about this one, pointing toward a potential neckline near $300. Yeah, that’s a big jump from here.

We’re probably still in the “handle” phase, which means we’re in the calm-before-the-storm territory. If SOL can break above this setup’s trendline, we might be in for something explosive.

Solana Sol Price Chart

So, What’s Next?

Right now, all eyes are on the $145 level. Stay above it, and we could see a nice push toward $155, maybe even $165—and if things really heat up, $180 isn’t off the table. But if that $145 support gives way, expect a stumble down toward $137 (where the 200 EMA hangs out), and if that cracks, $124 could come into play.

Final Thoughts

Solana’s in a weird place—caught between short-term bearish signals and long-term bullish potential. If it keeps holding the $145 line, those bullish dreams might just come true. But the head-and-shoulders formation? That’s the storm cloud in the distance. It’s gonna come down to volume, sentiment, and whether the bulls can really push through resistance and send SOL flying.

Either way, this consolidation won’t last forever. Something’s brewing… it’s just a matter of which way it breaks.

Tags: $SOLBlockchaincryptoSolana
Tweet1ShareShare1

DON'T MISS THESE! HOT OFF THE PRESS

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?
Crypto

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

May 31, 2025
Elon Musk Steps Down from DOGE, Remains Trump Advisor
Finance

Elon Musk Steps Down from DOGE, Remains Trump Advisor

May 30, 2025
Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?
Crypto

Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

May 30, 2025
These 3 Cryptos Could Become Industry Standards in the Next 5 Years
Bitcoin

These 3 Cryptos Could Become Industry Standards in the Next 5 Years

May 30, 2025
These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early
Crypto

These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

May 30, 2025
BTC AT RISK: Quantum Tech Threatens Bitcoin’s Security, Warns Billionaire Chamath Palihapitiya
Bitcoin

BTC AT RISK: Quantum Tech Threatens Bitcoin’s Security, Warns Billionaire Chamath Palihapitiya

May 30, 2025
Load More

Related News

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

May 31, 2025
Elon Musk Steps Down from DOGE, Remains Trump Advisor

Elon Musk Steps Down from DOGE, Remains Trump Advisor

May 30, 2025
Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

May 30, 2025
These 3 Cryptos Could Become Industry Standards in the Next 5 Years

These 3 Cryptos Could Become Industry Standards in the Next 5 Years

May 30, 2025
These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

These 3 Crypto Coins Could SKYROCKET in the Next 3 Months: Still Early

May 30, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.