Solana price is showing renewed strength, rebounding sharply from key support as participants watch for signs of a broader trend reversal.
Solana price is starting to stand out again, breaking away from the broader market slowdown with a sharp push back into strength. After days of pressure, buyers are finally stepping in with confidence.
Solana Price Showing Stronger Recovery Momentum
Solana Price is leading the broader crypto rebound, posting one of the strongest 24-hour recoveries among top assets. Momentum has shifted firmly back into green territory, with price climbing more than 7% while most majors still lag behind. This kind of relative strength often signals early rotation, especially when a coin begins reclaiming levels quicker than the rest of the market.
Solana’s strong 24-hour rebound places it among the market’s top performers. Source: The Solana Floor via X
The move above $140 also aligns with the start of a broader sentiment recovery after weeks of sustained selling pressure. With SOL climbing the leaderboard again, The Solana Floor is beginning to reassess whether this could mark the early stages of a momentum reset.
Technical & On-Chain Signals Lean Bullish
On-chain data and chart structure both point towards $130 acting as a potential cyclical bottom. The zone has shown reactive buying multiple times, while intraday liquidity sweeps have failed to produce continuation to the downside, often an early sign of exhaustion among sellers.
Solana’s on-chain strength and repeated reactions from the $130 zone signal a potential cyclical bottom forming. Source: Cointelegraph via X
The on-chain metrics add conviction: network volumes remain elevated, staking activity continues rising, and long-term holder accumulation is strengthening. This blend of technical support + improving on-chain sentiment increases the probability of a recovery towards the $180–$200 region if momentum extends.
Bullish Divergences Forming Into Higher Levels
Hardy’s chart highlights a developing daily bullish divergence, with price forming lower lows while RSI begins to curl upward. This type of structure often appears near local bottoms.
Technically, the next reaction zones sit at $150, $175, and the major reclaim level at $200. The drawn projection suggests a rounded bottom forming between $132 to $139, which, if confirmed, typically transitions into a mid-trend reversal.
As long as Solana price defends the support wick region around $135, the divergence setup remains valid.
SOL’s chart captures a clean bullish divergence developing on the daily timeframe, hinting at a potential mid-trend reversal. Source: Hardy via X
SOL Strengthening Against ETH and BNB
Crypto analyst TraderSZ believes that SOL’s performance relative to ETH and BNB is beginning to show early signs of rotation. The ratio chart has bounced from a multi-month floor and is attempting to reclaim its immediate resistance band.
Solana’s ratio charts against ETH and BNB are rebounding from a multi-month floor, hinting at early rotational strength. Source: TraderSZ via X
A move above 0.046–0.047 on the SOL/ETH pair would confirm the start of a new dominance leg. Meanwhile, the SOL/BNB structure shows a similar early recovery, indicating that SOL may be gearing up to outperform majors if momentum continues.
Major Liquidity Cluster Observed Between $170–$200
Heatmap data shared by TED shows that most downside liquidity has already been cleared out during the recent selloff, an important structural shift. Above current price, the next dense cluster sits in the $170 to $200 region, meaning that any upside continuation is likely to gravitate toward this zone.
Heatmap data reveals a heavy liquidity pocket between $170 and $200, acting as the key upside magnet for SOL. Source: TED via X
This range contains heavy resting orders, previous inefficiencies, and major stop-loss pockets, making it the first meaningful upside magnet once SOL stabilizes above the lower range. If markets show even a mild rebound, liquidity mechanics alone could pull SOL towards these levels.
Final Thoughts
Solana’s latest rebound shows a shift in both technicals and market sentiment. The $130–$140 zone continues to act as strong structural support, on-chain data points towards accumulation, divergences are forming, and liquidity above price is stacked in the $170–$200 band.
If buyers maintain control above support and Solana price continues outperforming majors, a move back to the $180 to $200 region becomes increasingly realistic. For now, the recovery is still early, but the structure for a broader trend reversal is finally aligning.