Here’s How High Solana Price Could Go If This Support Zone Holds

Solana (SOL) price prediction: Can the $150 support zone spark a new rally?

Solana has been on a ride lately. After a strong summer rally that took it above $200, the momentum has cooled off fast.

The token has been slowly bleeding lower, testing the patience of traders who got used to seeing green candles every week. But after this latest drop, things are starting to get interesting again because Solana has landed right on top of a major demand zone that could decide what happens next.

The $150–$160 range isn’t just any random area on the chart. It’s a zone where Solana has seen heavy buying in the past, and right now, the same thing might be happening again. 

Buyers are slowly coming back for Solana

Analyst BitGuru summed it up well in his post earlier this week. He pointed out that the Solana price dropped into a key demand zone after spending weeks consolidating between $175 and $200. 

BitGuru said that this is where buyers are beginning to show up again. If the price manages to hold between $150 and $160, we could easily see a bounce back toward $175–$185 in the short term

After a long consolidation phase $SOL dipped into the major demand zone and is now showing signs of a pullback / reversal attempt. Buyers are slowly stepping in around $150–$160.

If price holds this level, we could see a move back toward $175–$185 in the short term. pic.twitter.com/BHpupiyqFo

— BitGuru 🔶 (@bitgu_ru) November 6, 2025

In that scenario, everything fits nicely with what is currently visible on the 4-hour chart. Solana seems to be trying to form a small double bottom and classic reversal pattern.

Each time the SOL price dips toward $155, it gets scooped up quickly, indicating that there’s solid demand sitting underneath.

The Bollinger Bands are also tightening, which often happens before a strong move, and RSI is starting to turn up from the low 30s. It’s not confirmation yet, but it’s definitely the kind of setup that catches traders’ attention.

What the bigger picture shows for SOL price

Looking at the weekly chart, the story gets even clearer: SOL is still in a long-term uptrend that started at the beginning of 2023.

Since then, every major dip has ended around areas of heavy demand before bouncing back stronger. The move from $10 to $250 last year was no fluke; it built a foundation that’s still intact today.

That said, not everyone is convinced this correction is over. Analyst AlejandroBTC recently posted a bearish chart indicating that Solana could drop all the way down to $30. 

Solana is heading straight to $30 but you wouldn’t believe me anyway.$SOL pic.twitter.com/K4TnJGoLDU

— Alejandro₿TC (@Alejandro_XBT) November 6, 2025

Yes, $30. His argument is that if the Solana price loses this key level, the next real support doesn’t show up until deep into the previous accumulation range from 2022 and early 2023. It’s a bold call, and while most traders dismiss it as extreme, it’s a reminder that nothing in crypto is off the table.

The daily chart is comparatively balanced. Solana has pulled back to a major trendline which has served as support for more than a year.

That line has sparked strong rallies already, and unless it breaks cleanly, it suggests that long-term holders are still confident. As long as that trend line holds, the structure technically remains bullish.

How Solana traders are reading the market

The community is split right now. On one side, you’ve got the cautious crowd. On the other, the die-hard Solana bulls are treating this dip like a Black Friday sale.  One of them, prominent analyst AltcoinGordon, didn’t mince words when he said: “$SOL under $160 is FREE. This opportunity will not last long.”

The logic is simple: every time the Solana price has retraced heavily, it’s come roaring back stronger. The ecosystem still remains one of the most active in crypto, and network demand hasn’t faded.

$SOL under $160 is FREE.

This opportunity will not last long.

Do you understand? pic.twitter.com/Wzhfdfn31i

— Gordon (@AltcoinGordon) November 7, 2025

Still, many short-term traders are waiting for a clear confirmation before jumping in. They’re watching the $175 zone closely. That’s the first real resistance overhead.

If Solana can push through that zone and close above $180, that would be a strong signal that momentum is back. Above $200, the chart flips fully bullish again.

If things go the other way and the $150 level gives up, though, there’s not much in the way of support until $130 or even $115. Below that, we could revisit $90, where the Solana price built its last strong base. That would likely happen only if the broader crypto market starts pulling back too.

What’s next for SOL?

If the SOL price holds up at $150, the possibility of a short-term rebound toward $175 or $185 will be pretty good. According to CoinCodex’s Solana price prediction, SOL is forecasted to go up by 20% in the next 3 months.

A break above $200 may well open the door for $225, or even $250 later in the quarter. It would be in the same mold we have seen in previous cycles where Solana rebounds hard after every deep correction.

If the opposite happens and the $150 area breaks down, then things could get rougher. A retest of $130 or $100 wouldn’t be out of the question, especially if Bitcoin weakens. 

That’s why this range is so critical. It’s where the market decides if Solana’s just cooling off or entering a deeper correction.

Right now, the signals are slightly more bullish. Buyers are active, sentiment is cautiously optimistic, and the technical setup looks primed for at least a short-term bounce.

But traders will be closely watching for a clear daily close above resistance before calling it a confirmed reversal.