Monthly Scenarios
Bullish Scenario
SOL holds support in the $180-$184 range and breaks above $184-$190.
This will provide impetus to targets in the $230-$300+ range, especially if the market turns out favorable and there is positive news regarding SOL/ETF/on-chain activity.
Consolidation/Sideways
The price may remain stuck in the $180-$190 range without a clear direction, especially with light volume.
In this scenario, it is important to monitor reactions at the range boundaries.
Bearish Scenario
If SOL breaks below $180-$184 with volume, a decline to the lower support level of $143-$153 or even lower is possible.
Such a correction could serve as a "normalization" after a significant rise.
✅ Conclusion
The current monthly trend for SOL appears generally bullish, with strong potential for continued growth upon a breakout of resistance.
But the key area to watch is the $184–190 zone: if there's a breakout with volume, we expect an upward acceleration.
The $180 and especially $153–143 support zones are areas to monitor for trend stability.
The CoinCodex forecast (~3-5%) suggests moderate growth, but with the potential for strong momentum under favorable conditions.
Bullish Scenario
SOL holds support in the $180-$184 range and breaks above $184-$190.
This will provide impetus to targets in the $230-$300+ range, especially if the market turns out favorable and there is positive news regarding SOL/ETF/on-chain activity.
Consolidation/Sideways
The price may remain stuck in the $180-$190 range without a clear direction, especially with light volume.
In this scenario, it is important to monitor reactions at the range boundaries.
Bearish Scenario
If SOL breaks below $180-$184 with volume, a decline to the lower support level of $143-$153 or even lower is possible.
Such a correction could serve as a "normalization" after a significant rise.
✅ Conclusion
The current monthly trend for SOL appears generally bullish, with strong potential for continued growth upon a breakout of resistance.
But the key area to watch is the $184–190 zone: if there's a breakout with volume, we expect an upward acceleration.
The $180 and especially $153–143 support zones are areas to monitor for trend stability.
The CoinCodex forecast (~3-5%) suggests moderate growth, but with the potential for strong momentum under favorable conditions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.