Solana price could rise by 25% if this resistance is broken

The price of Solana (SOL) has continued to remain in a narrow range for almost a month, ranging from $125 to $145 since mid-November. Both buyers and sellers have not been able to dominate significantly, causing the market to fall into a state of tug-of-war.

The declines are strongly supported at $125, while bullish efforts have consistently encountered resistance in the $145 area. It is this hesitation that creates a challenging trading environment, when the price trend is not really clear.

However, some technical indicators now suggest that this sideways state may soon end.

Solana price is still “stuck” in a narrow zone

The $145–$146 price range continues to be an important resistance level for Solana, where selling pressure always appears every time the price approaches. On the contrary, the $125 area is still persistently defended by the buyers, creating a prolonged sideways pattern and making it difficult for short-term traders.

! Solana price could rise by 25% if this resistance is brokenSolana Price Range | Source: TradingViewIt is worth noting the Chaikin Money Flow (CMF) indicator – a tool that measures large cash flows in and out of the market based on price and trading volume. When CMF is above 0, cash flows are flowing in; Conversely, below 0 indicates cash outflows.

Recently, Solana’s CMF has made an effort to break above 0 and establish higher lows, reflecting certain support from major investors. However, despite this support, the SOL price has not been able to break through the $145 area, indicating that hesitancy and demand at high prices is still limited. More significantly, CMF is currently showing signs of moving below 0, signaling the risk of weakening cash flow.

If Solana loses the CMF trendline, the $125 support zone could come under great pressure. Once this level is broken, the price is likely to retrace to the next support area around $121.

In addition, spot and futures trading data also recorded active trading activity in the range of 132–136 USD, turning this area into a “jam” point of the market. In this case, the price usually needs a strong push to determine a clear direction.

Breakout scenario above $146 and impact on Solana price trend

The $146 mark is the next important challenge for Solana. If the price closes the daily candle above this level, it will confirm the strength of the buyers, opening up the opportunity for SOL to rise to the $164–$165 zone – which corresponds to an increase of about 23%–25% compared to the current level.

This target is established based on the nearest swing zones on the chart, where trading activity is usually strong after the price breaks out of the sideways range.

! Solana price could rise by 25% if this resistance is brokenSolana DEX outperforms | Source: XThe bullish scenario is also underpinned by Solana’s leading trading volume on DEXs for 16 consecutive weeks. The high DEX trading volume demonstrates the community’s interest and trust in the Solana network, although it does not directly guarantee that the price will rise.

However, at the $145 area, the buying power is still not really decisive. Without a clear breakout, the sideways state will continue to prolong and may weaken over time.

Can the price of SOL fall further?

The Solana price outlook depends on how the current range is resolved.

If the $146 zone is broken with a close above this level, the next target will be the $164–165 zone, confirming the trend reversal and the strength of the buyers. If this is accompanied by an improvement in CMF, the recovery will be even more solid.

Conversely, if Solana continues to fail in the $145 area and CMF weakens, the risk of breaking downwards will increase. The first support level is 125 USD; if it continues to be penetrated, the price can retreat to $121. A more pessimistic scenario, as predicted by some experts on social network X, is that the price may fall deep to the $40 area if large cash flows begin to withdraw from the market.

Currently, Solana is still trading in this narrow range. It can be summarized as follows: if it exceeds $146, the price can rise by 23–25% to $165; if it breaks through 125 USD, the next support zone is 121 USD.

Until either of these thresholds is broken, the Solana market will continue to maintain a slow and unpredictable trading state, forcing investors to wait patiently for clearer signals.

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