Solana price is showing its first signs of a trend reversal, reclaiming key levels as participants watch for a potential move back towards the $180–$200 range.
Solana price is starting to show a real shift in momentum, with fresh buying pressure finally breaking through weeks of hesitation. Participants have begun paying closer attention as both the BTC pair and USD chart flash early signs of reversal at key support zones.
Solana Price Beginning to Break Its Downtrend
Solana is finally showing signs of strength against BTC, with price pushing directly into the major descending trendline that has controlled the pair since late October. The latest candle shows a strong impulsive breakout attempt, backed by rising buy volume, suggesting a shift in momentum.
Solana price is now challenging its major descending trendline with rising buy volume, signaling the first real shift in momentum. Source: Daan Crypto via X
A clean close above this diagonal opens the door for further relative strength, and crypto analyst Daan Crypto believes that SOL/BTC breakouts have often preceded broader upside on the USD pair. The key area now is holding above the trendline and building structure above 0.00152–0.00155. If SOL maintains this breakout, continuation becomes likely.
Weekly Structure Hinting at a SOL Reversal
On the weekly timeframe, SOL is trying to print its first meaningful reversal candle after several heavy red closes. Price has tapped a major support zone around $130 to $135, where multiple EMAs cluster tightly, typically a high-probability reaction area.
Solana is attempting a meaningful weekly reversal after hitting a key $130–$135 support cluster, with early strength starting to reappear. Source: ShardiB via X
The weekly RSI is also curling just above 40, the same region where previous mid-cycle reversals began. With volume picking up and a long lower wick forming, the weekly chart suggests that sellers may be losing steam. If SOL closes above $141 to $145, the weekly reversal becomes far more convincing.
Solana Price Prediction Aiming $210
Solana price has completed a rounded retest of the range low, aligning with the previous monthly low at $130.90. The reaction from this level looks clean, with price forming a rounded bottom and attempting to reclaim the short-term structure around $140 to $142.
Solana is forming a rounded bottom at the $130 range low and now eyeing a clear path towards the $210 range high. Source: JohnnyB via X
Above this, the next milestone sits at the range high around $210, a level clearly marked on the chart as the upside target. The structure aligns well with the idea that SOL has built its base and now looks ready to rotate toward the mid-range, then potentially into the higher $200s if momentum accelerates.
ETFs Set to Play a Major Role in Solana’s Recovery
Coin Bureau has shared that Fidelity’s $FSOL and Canary Capital’s $SOLC ETFs are set to launch tomorrow. Solana is entering its next wave of institutional exposure, and combining these new launches with existing products from Bitwise, VanEck, and Grayscale that have already attracted $390M+ in inflows.
ETF inflows typically create strong, persistent bid pressure, especially on assets with limited circulating supply growth. For SOL, this could be the long-term trigger needed to stabilize the bottom and eventually drive a broader recovery cycle. Institutional products tend to reshape price floors, not just sentiment.
Final Thoughts: Solana Price Back to $200?
Solana price is showing early signs of reversal across multiple timeframes: a downtrend breakout on the BTC pair, a weekly reversal candle forming, rising volume, and a clean reaction from the $130 demand zone. When technical stabilization coincides with ETF-driven inflows, major shifts can happen faster than expected.
If SOL holds above $140–$145 and pushes into the mid-range, the path towards $180–$210 becomes realistic. The $210 level remains the clear magnet if momentum continues building, and ETF flows may be the catalyst that accelerates the move.