Solana’s Next Major Wave Depends On How The Price Behaves Inside This Support

Solana’s Next Major Wave Depends On How The Price Behaves Inside This Support

Source: NewsBTC

Published:2025-11-22 01:00

BTC Price:$84618

#SOL #Crypto #SupportZone

Analysis

Price Impact

High

Solana's price is at a crucial support zone ($138-$118). the behavior within this zone will dictate whether a major bullish wave begins or if a deeper correction to $90-$62 is imminent.

Trustworthiness

High

The article explicitly states strict editorial policy, expert review, and high reporting standards, which lends strong credibility to the analysis presented.

Price Direction

Neutral

Sol is currently testing a major support zone. its future price direction (bullish reversal or deeper bearish correction) is contingent upon confirmation of this support through micro-timeframe price action (5-wave impulse structures).

Time Effect

Long

The current price action at this critical support will determine the 'next major bullish wave' or a 'deeper correction scenario,' indicating a significant long-term directional impact for solana.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana ’s price is now sitting inside a crucial support zone, and what happens in this region will decide whether the next major bullish wave can truly begin. The broader correction has brought SOL to a defining moment, where micro-level price behavior will determine if buyers can regain control or if deeper levels must be tested first. Market Correction Nears First Major Support Zone According to a recent update by More Crypto Online, SOL still maintains the chance to begin a larger upward move in this current cycle. The analyst notes that the market has been in a correction since mid-September and has now reached its first major structural support zone, putting the asset at a crucial juncture. Related Reading Solana (SOL) Aims Recovery Run, $155 Resistance Now Back in Focus 1 day ago The first key support zone is defined as sitting between $138 and $118, which is currently being tested by the market. However, More Crypto Online cautions that there is currently not enough evidence that support is being confirmed here. While there is a small green candle on the weekly chart, this is merely something to watch and is “not yet a signal.” SOL crucial levels that could trigger a bounce | Source: Chart from More Crypto Online on X More Crypto Online outlines the bearish contingency: if Solana breaks sustainably below the $117–$118 area, the focus will shift to a deeper correction scenario, targeting the next major macro support zone between $90 and $62. In the weekly chart, these are the two zones that matter most on the macro level. However, More Crypto Online emphasizes that traders cannot automatically assume one or the other will hold. Meanwhile, the key is always to observe how the microstructure behaves inside these zones. Why Micro-Timeframe Structure Is the Decisive Factor The analyst further clarified that a weekly support zone only becomes meaningful when lower time frames begin to form clear 5-wave impulse structures from the lows. These impulses act as early confirmation that buyers are stepping in with strength rather than producing temporary reactions. Related Reading Solana (SOL) Grinds Upward as Broader Market Stabilizes — Is a Breakout Brewing? 1 week ago Without these smaller-time-frame impulses, any bounce that appears within a weekly support zone remains unconfirmed. It simply signals that price is reacting to the area, not that a true bottom has formed or that a bullish reversal is underway. To distinguish between a weak bounce and a confirmed hold, the analyst emphasized tracking micro price action on the 15-minute, 1-hour, and 4-hour charts. These lower time frames reveal whether buyers are defending levels with conviction. Until Solana prints a clean and structured 5- wave move from a low, neither support zone can be considered validated. In the meantime, both the higher and lower support scenarios remain fully in play. SOL trading at $124 on the 1D chart | Source: SOLUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com