Tag: traditional head-and-shoulders patterns

The post Solana Price Prediction: SOL Tests $150 Support While Analysts Warn of Head-and-Shoulders Breakdown appeared com. Solana price is slipping back towards key support levels as participants assess whether buyers can defend the chart before deeper downside opens. Solana price is approaching a critical support area as market participants reassess whether current momentum can sustain the broader uptrend. While recent price action shows cooling demand and a series of lower highs, the key question now is whether bulls will hold the pressure or whether deeper technical levels may come into play. This analysis brings together the most important technical levels, pattern risks, and sentiment signals shaping SOL’s short-term direction, along with expert-informed commentary and a clearer view of the broader implications. Solana Price Sliding Back Into Support Territory Solana is currently trading just above the $145 to $150 demand zone, a region that has repeatedly triggered reactive buying over the past months. Recent candles, however, reflect a meaningful shift; lower highs continue stacking up, compression shows a lack of conviction, and the latest retest of this zone has come with softer volume, suggesting buyer fatigue. ShangoTrades mapped support aligns with broader market structure: if this level fails to hold, the chart opens into a much wider vacuum towards $118 to $125. This deeper region previously produced a strong upside rotation, but the distance between both support layers underscores the increasing importance of Solana defending the current test Solana slips back towards a key mid-range demand zone, testing buyers’ strength as price hovers above the $145-$150 support region. As long as Solana price sits in this zone, traders should expect reactive moves but remain cautious about assuming sustainability without confirmation. Macro Structure Shows a Head and Shoulders Risk Zooming out, the higher-timeframe structure introduces a.