Published: Feb 01, 2026 at 18:04
Solana’s (SOL) price has fallen below the moving average lines after falling from the $120 level, signalling a further decrease.
SOL price long-term prediction: bearish
Since November 21, 2025, Solana has traded above the $120 support but below the moving average lines and the $150 resistance level. Buyers previously pushed the altcoin above the moving average lines but were repelled at the $148 high. This rejection forced the altcoin to fall below the moving average lines but remain above the current support at $120.
Selling pressure resumed as the price corrected upwards and was again rejected by the moving average lines. Today, SOL fell below the $120 support level, reaching a low of $96 before recovering. On the downside, if bearish momentum continues, Solana may fall to lows of $95 and $78.
Technical indicators
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Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
SOL price Indicators
The 21- and 50-day moving average lines are sloping horizontally. The 21-day SMA slopes as it crosses the 50-day SMA support, signalling a decline. The 21-day and 50-day SMAs are trending downwards on the 4-hour chart, indicating a decreasing trend.
What is the next move for Solana?
Solana price is falling as bears break below the $120 support. The bears have ended the continuous sideways trend that had persisted since November 21, 2025, as Coinidol.com reported previously. On the 4-hour chart, the cryptocurrency price fell to a low of $96 before rising. The upward correction halted at a high of $108, causing the altcoin to resume its downward movement.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.