Solana's (SOL) market structure continues to receive attention as analysts monitor tightening consolidation patterns and significant technical inflection points. Despite the short-term weakness, the larger picture setup is bullish for the Solana price prediction of a breakout that could define the next major leg of its long-term trend. With range dynamics, symmetrical patterns, and momentum indicators all in line, analysts are projecting new levels of expansion upon the current consolidation's resolution.
According to analyst Don, Solana is forming an extended symmetrical triangle pattern, which has been developing for several months. The price is currently in a situation where it oscillates around the $154 zone, consolidating between two converging trendlines, a descending resistance, and an ascending support. This structure usually precedes a continuation move, often leading to an explosive breakout with a capitulation of resistance.

SOLUSD 1D CHART | SOURCE: X
Don's Solana price prediction shows a possible retest of the lower trendline, possibly around $150-$160, before a bullish reversal takes place. The projection shows that a rebound from this zone could aim for mid-level resistance in the $230 zone, followed by a run for the $410 level. The extension at $410 marks the upper limit of the macro setup, and the next major target of the setup should Solana confirm a breakout above the long-term descending resistance.
In addition, analyst AltCryptoGems shared a different short-term perspective, calling Solana's extended sideways phase a "never-ending range." The range is clearly defined between $110 and $260, with both zones being strong support and resistance levels, respectively. Multiple rejections at the upper band confirm $260 as a major supply zone where sellers repeatedly regain the upper hand.

SOLUSD 1D CHART | SOURCE: X
The analysis suggests that SOL could retest the lower boundary near $110 before any sustainable recovery. This zone has historically caused strong reactions, thus making it a key accumulation point. Unless the price breaks below this critical level, the zone remains strong, with possible rebounds back towards $200 and onwards to $260 if buying pressure reappears.
Another technical outlook shows that Solana's retracement from $220 to $157 has put pressure on the short-term momentum. The MACD is still in a bearish alignment, yet this flattening trend in the histogram is indicative of easing selling pressure. Similarly, the RSI hovering near 31 places Solana near the oversold region, which is technically a sign for incoming relief rallies in the past.

SOLUSD 1D CHART | SOURCE: TradingView
If the $150-$140 range of support holds, analysts see a rebound to $180-$200 in the coming weeks. However, sustained weakness below these levels could result in a drop to $120. Overall, although in the short term the indicators are bearish, the broader technical setups signal a medium-term bullish recovery, which would set Solana up for a potential macro breakout later in this cycle.
Ronny Mugendi is an experienced crypto journalist with four years of professional expertise, having made substantial contributions to multiple media platforms covering cryptocurrency trends and innovations. With more than 4,000 published articles to his name, he is dedicated to informing, educating, and bringing more people into the world of Blockchain and DeFi. Beyond his journalism work, Ronny finds excitement in bike riding, enjoying the adventure of exploring fresh trails and landscapes.