Solana Price Prediction as SOL Eyes Near-Term Recovery

Solana Price Prediction Signals Recovery Amid Rising Market Momentum

Solana Price analysis points to shifting momentum as SOL recovers from recent lows, supported by strengthening intraday structure and improving market participation. 

Stabilizing support levels and rising activity suggest traders are preparing for a potential continuation phase if the buying trend expands.

Solana Displays Early Rally with Strong Buying Momentum

Solana Price Prediction analysis begins with the intraday chart, where the coin on the 1-hour timeframe shows a clear upward structure forming from the 22nd onward. 

Price develops steadily higher lows before accelerating into a strong impulsive rally on the 24th, lifting the token from the mid-$120 region into the upper $130 range. 

Larger bullish candles characterize the breakout phase, signaling increased momentum and assertive buying pressure.

Source: Open Interest

Alongside this upward movement, aggregated open interest (OI) rises steadily, indicating that traders are adding leveraged positions in line with the trend. 

Rising price combined with rising OI reinforces the interpretation of strong conviction rather than short-covering. After peaking near $140, the coin experiences a moderate pullback while OI stabilizes rather than declining sharply. 

This suggests consolidation instead of a trend reversal, supporting the asset outlook for potential continuation if volume and OI expand once again.

Intraday Recovery Strengthens Momentum Amid Rising Volume

A broader 24-hour perspective reinforces a shift in sentiment. SOL began the period near $130.77, experiencing an early downward trend as shown in the initial red zone on the chart. 

This reflected mild bearish sentiment driven by either profit-taking or hesitation among participants during the early trading window. 

Despite this initial weakness, market behavior shifts mid-session sharply as strong bullish engagement drives the coin into a sustained breakout.

Source: CoinMarketCap

The steep upward movement aligns with a 20.87% increase in trading volume, confirming intensified participation behind the bullish move. The crypto market cap rises 4.65% during the same window, reinforcing the presence of stronger buying activity. 

Price peaks above $138 before stabilizing near $136.31, maintaining the bulk of its gains. Since the circulating supply remains unchanged at 559.26M tokens, the movement is driven by demand rather than supply changes. 

Within the Solana Price Prediction framework, this transition from early weakness to strong mid-session recovery strengthens near-term bullish momentum assumptions.

Multi-Week Downtrend Shows Signs of Weakening Near Key Support

Zooming out, the crypto price assessments must also consider the multi-week downtrend extending from the rejection near the $250–$230 zone. 

Price action shows persistent selling pressure over recent weeks, yet the token is currently holding above the $121–$125 support region — a level that previously acted as a demand zone in mid-2023. 

Momentum indicators reflect continued bearish conditions, with the MACD positioned below the signal line. However, the shrinking histogram suggests weakening downward momentum, while the RSI at 39 approaches oversold territory without confirming a bullish divergence.

Source: TradingView

Although the broader trend remains bearish, sellers appear to be losing strength as the slope of the decline begins to flatten. If the asset continues to hold above the $125 zone and RSI shifts upward, a short-term relief bounce toward the $150–$160 region becomes increasingly plausible. 

Conversely, a breakdown below $121 would likely extend the ongoing downtrend, potentially pushing the token toward the $100 psychological level. Within the Crypto Price Prediction outlook, the next directional move will depend heavily on whether buyers can maintain control of this crucial support range.