Solana Price Prediction as SOL Trades Near $142 in Recovery

Solana Price Prediction Reveals Strong Market Momentum

Solana Price Prediction Highlights Renewed Strength in Market Momentum

Solana’s sharp rebound from recent lows has revived market interest as buyers regain control and key technical levels shift in its favor. Rising volume, strengthening momentum, and growing open interest now position the token for a potential push toward higher resistance zones.

Strengthening Short-Term Market Structure Supports SOL

Solana Price Prediction analysis shows the coin trading near $142.19 after a sharp rebound from the $122–$125 support region. The recovery follows a multi-day downtrend that reversed on December 2, with the price breaking through several resistance levels in a controlled upward sequence. 

The chart presents a clear transition from extended selling pressure to a steady pattern of higher highs and higher lows. This shift highlights renewed commitment from buyers after a prolonged corrective phase.

Source: Open Interest

Earlier price action reflected a decisive decline from the $142 region to below $127, with heavy selling dominating the market. As volatility eased, the coin formed a consolidation pattern at the lows, allowing accumulation to occur. 

This stabilization created the foundation for the current breakout attempt. Within memecoin price Prediction models, maintaining support above $138–$140 will be essential for validating the continuation of this recovery. 

SOL Current Market Performance and Key Indicators

On the other hand, the crypto is trading near $142.24 after posting an 11.7% gain over the past 24 hours. Solana Price Prediction trends highlight a well-structured advance beginning around $127.57, where the asset established its intraday bottom before accelerating upward. 

The consistent formation of higher highs and higher lows signals strong buyer momentum rather than reactive short-covering, underscoring the depth of demand. 

This trend reflects broader market confidence following several days of muted performance.

Source: CoinMarketCap

Market participation has expanded notably, with 24-hour trading volume rising 48.2% to $6.98 billion, while total market capitalization climbed to $79.62 billion. 

These metrics indicate strengthening interest across both spot and derivatives markets. Maintaining this level of volume activity increases the probability of continued upside. 

Sol Price Prediction assessments now identify the $138–$140 range as key short-term support. Holding above this region could allow the price to retest the $145 resistance and potentially push toward the $150 threshold.

Solana Signals from Open Interest and Daily Chart Momentum

At the time of writing, Solana trades around $142.07, showing a 2.43% daily increase as it continues its recovery from the mid-November decline. 

The asset previously fell from the $170–$180 area to a local low near $125, forming an extended bearish structure. Recent sessions show several consecutive green candles supported by a stronger-than-average daily volume of 366.68K, indicating persistent accumulation. 

This improvement reinforces the Crypto Price Prediction outlook for a potential shift in medium-term momentum.

Source: TradingView

Aggregated open interest has risen from approximately $2.6 billion to $2.95 billion, signaling the entry of new long positions as the price climbed. 

This increase suggests genuine confidence in further directional movement rather than a simple short-covering rally. 

A sustained hold above $2.9 billion OI supports the bullish narrative, although maintaining price above $135 remains crucial for preserving the broader recovery structure. If buyers retain control, the crypto may attempt to advance toward the $145–$150 resistance range as the next target zone.