SOL Price Prediction: Targets $142-150 Range by February Amid Technical Consolidation



Terrill Dicki
Jan 24, 2026 07:05

Solana trades at $127.63 with neutral RSI at 41.38. Technical analysis points to $142-150 targets if SOL breaks above $132 resistance within 2-4 weeks.



SOL Price Prediction: Targets $142-150 Range by February Amid Technical Consolidation

SOL Price Prediction Summary

• Short-term target (1 week): $132-135
• Medium-term forecast (1 month): $142-150 range
• Bullish breakout level: $132.62
• Critical support: $122.78

What Crypto Analysts Are Saying About Solana

While specific analyst predictions are limited for the current period, recent forecasts from earlier in January provide valuable context. According to analyst Rongchai Wang from January 14, “If bullish momentum builds from current consolidation levels, SOL could target the $160–$180 range over the course of January 2026.”

James Ding noted on January 15 that “Solana shows bullish momentum above key moving averages with analyst targets ranging from $153 to $480 in 2026.” However, these optimistic projections appear stretched given current technical conditions.

More conservative analysis from Rebeca Moen highlighted that “technical analysis reveals key resistance at $142 could unlock 8% upside potential within weeks,” which aligns more closely with current market structure.

According to on-chain data platforms, Solana’s network fundamentals remain robust despite recent price consolidation, supporting medium-term bullish sentiment among institutional observers.

SOL Technical Analysis Breakdown

Solana’s current technical picture presents a neutral-to-bearish short-term outlook with potential for reversal. Trading at $127.63, SOL sits below most key moving averages, signaling ongoing consolidation pressure.

The RSI reading of 41.38 indicates neutral momentum, neither oversold nor overbought, suggesting room for movement in either direction. However, the MACD histogram at 0.0000 confirms bearish momentum has stalled, potentially setting up for a directional breakout.

Bollinger Bands analysis reveals SOL positioned at 0.13 on the band scale, placing it near the lower band support at $124.37. This positioning often precedes mean reversion moves toward the middle band at $136.89, representing a 7% upside target.

The daily ATR of $5.83 indicates moderate volatility, with the 24-hour trading range of $125.28 to $130.20 demonstrating compressed price action typical of consolidation phases.

Key resistance emerges at $132.62, which coincides with the strong resistance level and sits below the EMA 12 at $132.72. A break above this level would signal the beginning of a more substantial recovery.

Solana Price Targets: Bull vs Bear Case

Bullish Scenario

The primary bullish case for this SOL price prediction centers on breaking the immediate resistance cluster between $130-133. If Solana can reclaim the $132.62 strong resistance level, the path opens toward the Bollinger Band middle at $136.89.

Beyond that level, the next significant target aligns with the SMA 20 at $136.89, followed by the January consolidation highs around $142. This represents the most realistic near-term bullish target, offering approximately 11% upside from current levels.

A sustained break above $142 would validate the more optimistic analyst forecasts, potentially targeting the $150-160 range over the coming month. This scenario requires strong volume confirmation and broader crypto market support.

Bearish Scenario

The bearish case focuses on the failure to hold current support levels. Immediate downside risk emerges if SOL breaks below the strong support at $122.78, which would trigger selling toward the Bollinger Band lower support at $124.37.

More concerning would be a breakdown below $122, as this could initiate a deeper correction toward the $115-118 range, representing key Fibonacci retracement levels from recent moves.

Given the position below the SMA 200 at $171.91, longer-term trend remains challenged, suggesting any rallies may face selling pressure at higher levels.

Should You Buy SOL? Entry Strategy

Based on current technical conditions, this Solana forecast suggests a measured approach to accumulation. Conservative buyers should wait for a clear break above $132.62 with volume confirmation before establishing positions.

For more aggressive traders, current levels around $127-128 offer reasonable risk-reward if using a stop-loss below $122.78. This provides approximately 3-4% downside risk against 7-11% upside potential to initial targets.

Dollar-cost averaging between $125-130 appears prudent for longer-term holders, given the neutral RSI reading and proximity to Bollinger Band support. However, avoid aggressive buying until momentum indicators show clear improvement.

Position sizing should remain conservative given the broader consolidation pattern and the distance to major moving averages.

Conclusion

This SOL price prediction points to a cautious but constructive outlook over the next 2-4 weeks. While immediate momentum remains muted, technical conditions support a gradual recovery toward $142-150 targets if key resistance levels are cleared.

The 65% confidence level reflects mixed signals from technical indicators, with neutral RSI providing flexibility but MACD showing lingering bearish momentum. Successful navigation above $132.62 would significantly improve the technical outlook and validate bullish analyst projections.

Disclaimer: Cryptocurrency price predictions are highly speculative and subject to extreme volatility. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and never invest more than you can afford to lose.

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Source: https://blockchain.news/news/20260124-price-prediction-sol-targets-142-150-range-by-february