In the current crypto market context, the Solana price is attempting a decisive intraday rebound, while on the daily chart, the picture remains fragile and precariously balanced.
Solana Price Today: Tense Intraday Rebound, but Daily Still Uncertain
The underlying thesis: the price of Solana (SOL/USDT) today is attempting an aggressive intraday rebound, but the picture on the daily chart remains neutral with a slight bearish tilt. We are in a phase where the market has not yet decided whether to turn this recovery into a new bullish leg or just a “relief bounce” within a weakened larger trend.
The general context does not help to resolve doubts: Bitcoin dominance at 57% and a Fear & Greed index at 22 (Extreme Fear) indicate a still defensive crypto market, with little appetite for risk on altcoins like Solana despite its significant capitalization, about 2.4% of the total market cap.
In this scenario, those looking at the Solana price in real-time must clearly distinguish the nervous short-term rebound on 1H and 15m from the underlying structure on the daily, which for now does not confirm a new structural bullish trend.
Solana Price: Daily (D1) Overview – Neutral with Bearish Bias
Solana Price Today vs Moving Averages (EMA20/50/200 D1)
D1 Close: 138.44 USDT
EMA20: 138.15 USDT
EMA50: 153.12 USDT
EMA200: 173.33 USDT
In practice, the price of Solana has just moved back above the daily EMA20, but remains significantly below EMA50 and EMA200. This paints a clear picture: the short term is trying to turn neutral or slightly bullish, while the medium to long term is still compromised, with Solana in a recovery phase after a broad correction.
For those following the Solana trend, this mix of averages says one simple thing: we are not yet in a structural bull market on the daily, but in a potential bottoming and consolidation phase after a descending phase.
Daily RSI (Strength of Movement)
RSI 14 D1: 47.42
The RSI is slightly below the equilibrium line of 50: we are in a neutral zone, with a slight tilt towards the seller side, but without excesses.
What it implies: there is no oversold condition that necessarily justifies an extreme rebound, nor is there overbought that signals euphoria. The market is still seeking direction.
Daily MACD (Trend Breath)
MACD line: -4.97
Signal: -6.52
Histogram: 1.56 (positive)
The MACD remains in negative territory, confirming an underlying trend still weakened. At the same time, the MACD line is rising above the signal, with a positive histogram.
From an operational perspective, the primary trend is still a result of the past correction. However, the bearish pressure phase is easing and the market is attempting a momentum recovery.
It is not yet a bull market signal, but it is a clear sign of cooling of the downtrend.
Daily Bollinger Bands (Volatility and Price Position)
Central Band (BB mid): 135.35 USDT
Upper Band: 145.09 USDT
Lower Band: 125.61 USDT
Current Price: 138.44 USDT (above the central band)
The price of Solana has returned above the median band, halfway towards the upper band.
This suggests an exit from the lower part of the recent volatility range and the beginning of a phase of price recomposition towards the upper area of the channel, around 145 USDT, if the rebound holds.
As long as the price remains between the median and upper band, the market is implicitly favoring the long side, but without yet breaking the consolidation structure.
Daily ATR (Absolute Volatility)
ATR14 D1: 7.86 USDT
An average daily swing of nearly 8 dollars on Solana indicates still high volatility. In practical terms, stops that are too tight risk being hit by simple spikes and the position size must be calibrated with caution, as a normal day’s movement can be 5–7% from the entry point.
Daily Pivot Point (Intraday Equilibrium Levels Extended to Short Term)
Main Pivot (PP): 136.19 USDT
Resistance R1: 140.75 USDT
Support S1: 133.87 USDT
The price is today slightly above the pivot and not far from R1. This outlines a short-term advantage for buyers on the daily: above 136.2, the market defends the idea of a rebound, while a persistent return below the pivot would quickly bring Solana back to the lower range.
1-Hour Chart (H1): Rebound in Progress but Already Hot
Real-Time Solana Price on H1 and Moving Averages
H1 Close: 138.44 USDT
EMA20: 133.76 USDT
EMA50: 134.01 USDT
EMA200: 135.45 USDT
The price is steadily above all major hourly averages, with a marked distance from the EMA20. The signal is of strong bullish impulse in the short term and here the inertia is clearly on the buyers’ side.
There are pros and cons: it is positive because the very short-term sentiment has improved sharply, but the excessive distance from the averages increases the risk of a technical pullback to relieve the excess.
RSI H1
RSI 14 H1: 68.76
We are close to the hourly overbought threshold. It is not yet a reversal signal in itself, but it indicates that those buying now are entering an already advanced movement. The margin for vertical continuations without corrections is reduced.
MACD H1
MACD line: -0.06
Signal: -0.43
Histogram: 0.37 (positive)
The positive histogram with still contained values indicates that the bullish momentum is improving, but it is not in parabolic mode. It is a healthy rebound as long as it continues to build rising hourly lows.
Bollinger Bands H1
Mid: 133.34 USDT
Upper Band: 135.97 USDT
Lower Band: 130.70 USDT
Price: 138.44 USDT (above the upper band)
Here the signal is clear: the price of Solana is outside the upper band, so the rebound has gone beyond the recent standard excursion.
When the price walks above the upper band, the very short-term trend is strong. However, it increases the risk of reversion towards the median band, in the 133–134 USDT area, if new buyers are lacking.
ATR H1
ATR14 H1: 1.45 USDT
An average hourly range around 1.5 USDT confirms lively intraday volatility. For those doing scalping or tight intraday operations, this offers opportunities, but imposes dynamic stops, as normal movements can be over 1% within a few candles.
Pivot H1
PP: 136.44 USDT
R1: 140.50 USDT
S1: 134.39 USDT
The price is above the H1 pivot and moving towards R1. Above 136.4, control remains with buyers in the short term. A return below the pivot and, even more, below S1 at 134.4 would indicate that the intraday rebound is losing credibility.
15-Minute Chart (M15): Excessive Moment, Short-Term Breather Risk
15-Minute Moving Averages
M15 Close: 138.37 USDT
EMA20: 133.67 USDT
EMA50: 133.33 USDT
EMA200: 133.77 USDT
The price is detached from all short-term averages, with a gap of about 4–5 USDT. This is typical of extended movements that often need to consolidate before continuing.
For those watching the Solana price in real-time for quick operations, this context suggests not to blindly chase the movement, but to wait for lateralization or a pullback towards the averages as an entry opportunity with more controlled risk.
RSI M15
RSI 14 M15: 84.38
Here we are in full short-term overbought. It does not necessarily mean immediate reversal, but historically these values on M15 tend to precede at least a phase of consolidation or correction.
In other words, those entering long now are late to the movement and must account for a possible correction even if the short-term underlying trend remains positive.
MACD M15
MACD line: 0.70
Signal: 0.16
Histogram: 0.54 (positive)
The bullish momentum is solid even on M15, consistent with the ongoing breakout. The fact that the MACD is already well above the signal indicates that the explosive phase might be in the mature part of the movement: still strong, but more vulnerable to sudden profit-taking.
Bollinger Bands M15
Mid: 133.28 USDT
Upper Band: 136.23 USDT
Lower Band: 130.34 USDT
Price: 138.37 USDT (well beyond the upper band)
Here too, the signal is clear: very marked out-of-band extension. Usually, these situations do not last many candles: either the price continues with a sort of runaway supported by strong volumes, or it quickly returns towards 135–136 USDT.
ATR M15 and Pivot
ATR14 M15: 1.04 USDT
Pivot M15: 137.72 USDT
R1: 139.15 USDT
S1: 136.94 USDT
The price is just above the pivot and below R1. Given the volatility, about 1 USDT per candle, these levels can be tested quickly.
Operationally, above 139.15, a push towards 140–141 USDT in a short time would not be surprising. Conversely, below 136.9 would increase the feeling that the current movement is simply returning after an excess.
Operational Scenarios on Solana: Bullish and Bearish
Plausible Bullish Scenario (bull)
The key to discussing a structural recovery of the Solana price is not so much the intraday, but the confirmation on the daily.
Among the elements in favor of buyers, the price must remain steadily above the daily EMA20, around 138 USDT, and above the daily pivot at 136.2 USDT. Additionally, the daily MACD should continue to recover towards zero, maintaining the positive histogram.
Another consistent element would be for the daily candles to start drawing a sequence of rising lows above 130–132 USDT, consolidating the area as the base of the movement.
If this scenario takes hold, the natural targets on the chart become the 145 USDT area, the upper Bollinger band zone on the daily and the first serious resistance, and in extension the 153 USDT area, in confluence with the daily EMA50. This level truly separates a simple rebound from a more convincing reversal attempt.
Invalidation Level of the Bull Case:
Daily closes below 133–134 USDT, in the daily S1 support area and the lower part of the recent range, would significantly weaken the bullish scenario. Additionally, a clear break below 130 USDT would bring the risk of a new bearish leg to the forefront.
Plausible Bearish Scenario (bear)
The alternative scenario is that the current movement is nothing more than a technical rebound in a context still dominated by distribution.
The signals to monitor for this reading include repeated failure in the 140–145 USDT area, with rejection candles and high shadows, along with a return of the price below the daily EMA20 with decisive closes, thus below 138 USDT, and increasing volume on the selling side.
Additionally, a daily RSI that slips steadily below 45, with MACD ceasing to recover and widening negatively again, would strengthen the bearish narrative.
In this case, the price levels to keep in mind would be the 133–134 USDT area as the first dynamic support, whose eventual break could accelerate the decline, and the 125–126 USDT area, near the lower Bollinger band on the daily, as a possible unloading zone for sales.
Invalidation of the Bearish Scenario:
A strong daily close above 145 USDT with confirmation above 153 USDT (EMA50) in the following days would make it much more difficult to sustain a purely bearish narrative in the medium term.
How to Read the Current Context on Solana
The multi-timeframe picture today on Solana (SOL/USDT) is peculiar: the daily is still in no man’s land, neither bull market nor crash, but a reconstruction phase after the correction. Meanwhile, the H1 and M15 depict a very aggressive rebound, already in a short-term excess zone.
This combination generates two main risks for those looking at Solana’s price for trading. The first concerns possible false intraday breakouts: the strength seen on 15m and 1H can quickly turn into a trap for late buyers if the price returns within the Bollinger Bands without a true follow-through.
The second risk is underestimating volatility: with high ATRs across all timeframes, even normal movements can seem like reversals, leading to overtrading and continuous bias changes.
For a discretionary trader, the most sensible way to use this data is to let the daily chart define the main direction, for now still neutral with a slight bearish bias. Additionally, it is useful to use the H1 to understand if the rebound has real continuity or if it is exhausting and to exploit the 15m only for timing, knowing that at this moment it is in a clear overextension zone.
For those thinking in euros, thus looking at the Solana price EUR or the Solana price USD, only the reference currency changes, not the substance. The key point is that the market is still emotional, in Extreme Fear, but is trying to build a floor. Until we see confirmations above 145–153 USDT, any short-term strength should be treated more as a tactical opportunity than a structural restart.
If you want to monitor the markets in real-time with advanced charts and professional tools, you can open an account on Investing.com:
Open your Investing.com account
This section contains a sponsored affiliate link. We may earn a commission but at no additional cost to you.
Disclaimer: The information contained in this article is for informational purposes only and does not constitute financial advice or an invitation to invest. Trading cryptocurrencies involves a high level of risk and may not be suitable for all investors. Carefully consider your objectives, experience, and risk tolerance before trading in the markets.