Solana Bulls Watch $133:Next Stop $170?

Key Insights:

• SOL must hold above $124.90 support to keep the wave 4 recovery setup intact.
• A confirmed close above $133.45 may trigger a rally toward the $157–$170 supply zone.
• Current move remains corrective unless price breaks above trendline with strong bullish momentum.

Solana (SOL) may be forming a wave 4 correction after completing a five-wave decline. The $132 level marks the 38.2% Fibonacci retracement, a zone often reached during wave 4 recoveries. This area also matches a known resistance range.

A small five-wave move up is being counted as wave A. The recent dip is seen as wave B. As long as the price stays above $124.90, the structure remains in place. The support area between $124.90 and $126.49 includes key retracement levels. Holding above that zone keeps the short-term recovery scenario valid.

Price Range to Watch

Support is clearly set between $124.90 and $126.49. This is the area where buyers have stepped in. A trendline above price could act as resistance, limiting upside unless broken.

If the price moves past this trendline with strength, the picture may shift. Until then, the current move is still considered part of a corrective phase. More Crypto Online noted,

 “Only a clear impulsive move through resistance, accompanied by increasing momentum, would shift focus toward more bullish scenarios.”

$133 Key for Short-Term Change

On the lower timeframe, price is recovering from around $124.32. The move higher has brought SOL close to the $129–$130 range. The level to watch now is $133.45. A close above this would signal short-term strength and may open the path for further upside.

Trader Yakov said, 

“LTF – If it closes above $133 MTF plan should start playing out.” 

This level marks a point where momentum could shift, connecting short-term movement to a wider trend idea.

Mid-Timeframe Path Depends on Break

The mid-timeframe trend is still showing lower highs and strong drops. A close above $133.45 may break that pattern. If that happens, there is room for the price to move toward $157 to $170. These levels cover areas where price previously moved quickly and may return to fill gaps.

Until that move plays out, price remains under resistance. The focus stays on the $133 level as the key point for any possible change. Holding above support keeps the wave 4 structure in play, but further confirmation is needed for a larger push higher.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.