SOL Price Prediction: Solana Eyes $135 Recovery as Technical Indicators Show Mixed Signals

SOL Price Prediction Summary

• Short-term target (1 week): $127-$135
• Medium-term forecast (1 month): $135-$150 range
• Bullish breakout level: $131.58
• Critical support: $118.51

What Crypto Analysts Are Saying About Solana

While specific analyst predictions for the current week are limited, recent forecasts from earlier this January provide insight into Solana’s potential trajectory. According to Rongchai Wang’s analysis from January 14, 2026, “If bullish momentum builds from current consolidation levels, SOL could target the $160–$180 range over the course of January 2026.”

James Ding’s January 15 assessment noted that “Solana shows bullish momentum above key moving averages with analyst targets ranging from $153 to $480 in 2026.” Additionally, Rebeca Moen’s earlier January analysis highlighted that “Technical analysis reveals key resistance at $142 could unlock 8% upside potential within weeks.”

According to on-chain data platforms, Solana’s current positioning near lower Bollinger Band levels suggests potential oversold conditions that could present buying opportunities for patient investors.

SOL Technical Analysis Breakdown

Solana’s current technical picture presents a mixed outlook. Trading at $123.77, SOL sits below its key moving averages, with the 20-day SMA at $135.05 acting as immediate resistance. The RSI reading of 40.28 places SOL in neutral territory, suggesting neither extreme oversold nor overbought conditions.

The MACD histogram at 0.0000 indicates bearish momentum has stalled, potentially setting up for a reversal. Solana’s position at 0.14 on the Bollinger Bands scale (where 0 represents the lower band and 1 the upper band) suggests the token is trading near significant support levels at $119.54.

Key resistance levels emerge at $127.68 (immediate) and $131.58 (strong), while support rests at $118.51 and $113.24. The daily ATR of $6.17 indicates moderate volatility, providing traders with clear risk parameters.

Solana Price Targets: Bull vs Bear Case

Bullish Scenario

In a bullish scenario, SOL price prediction models point to a recovery toward $135-$150. A break above the immediate resistance at $127.68 could trigger momentum toward the 20-day moving average at $135.05. Sustained buying pressure beyond this level opens the path to $142-$150, aligning with earlier analyst forecasts.

Technical confirmation would come from RSI breaking above 50 and MACD turning positive. Volume expansion above the recent average of $631 million would support this Solana forecast.

Bearish Scenario

Should bearish pressure persist, SOL could test the lower Bollinger Band support at $119.54. A breakdown below this level targets the strong support zone at $113.24, representing potential downside of 8-10% from current levels.

Risk factors include broader crypto market weakness, continued institutional selling pressure, and failure to reclaim key moving averages within the next week.

Should You Buy SOL? Entry Strategy

For investors considering SOL positions, current levels near $123-$124 offer a reasonable risk-reward setup. Conservative buyers might wait for a test of support at $118.51 before entering, while aggressive traders could accumulate on any dips below $120.

Stop-loss levels should be placed below $113.24 to limit downside risk. Target profit-taking could begin at $135 with partial exits, holding core positions for the $150+ targets outlined in analyst forecasts.

Risk management remains crucial given SOL’s daily volatility range of approximately $6.17. Position sizing should account for this inherent price fluctuation.

Conclusion

This SOL price prediction suggests cautious optimism for Solana’s near-term prospects. While current technical indicators show mixed signals, the proximity to key support levels and analyst targets in the $135-$150 range provide a constructive backdrop for patient investors.

The Solana forecast remains dependent on broader market conditions and the token’s ability to reclaim moving average support. With a 60% confidence level, SOL appears positioned for a recovery toward $135 within the next 2-4 weeks, provided key support levels hold.

Disclaimer: Cryptocurrency price predictions are speculative and involve significant risk. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.

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