Solana Price Prediction Today: Bullish Momentum Builds, But Expert Warns of Pullback

The post Solana Price Prediction Today: Bullish Momentum Builds, But Expert Warns of Pullback appeared first on Coinpedia Fintech News

Solana price today appears to be gaining bullish traction, with the SOL price rebounding strongly from the $120 support zone. Over the past 30 days, the altcoin has gained 8.9%, including a 6.3% rise in the last week. 

According to Coinpedia Markets, at press time, Solana is trading at $140.22, with immediate resistance at $142 and stronger resistance around $145.

Solana Price Rebounds from April Lows

After plunging to $95.19 on April 7, SOL witnessed a surge in buying pressure. By April 11, the token reclaimed the $120 level, which has since acted as solid support. This price recovery has been underpinned by positive technical signals.

Solana Price Analysis

Solana is now trading above the 100-day Simple Moving Average (SMA) at $136.85, which has flipped into support. A bullish trendline has also formed on the hourly chart, with an additional support zone around $137–$138.50.

On the daily chart, the Relative Strength Index (RSI) is at 58.89—indicative of bullish momentum. The MACD indicator further confirms the upward trend.

Also Read :   Bitcoin Breaks The Barriers, Rises Above $87,000—A Rise to $100K Seems to be Inevitable in Q2 2025   ,

What’s Next For SOL Price?

Source : Ali X Post

Despite the strong recovery, crypto analyst Ali has flagged a short-term bearish signal using the TD Sequential indicator on the 12-hour chart. The indicator has flashed a “sell” signal, suggesting the possibility of a brief pullback before the next leg higher.

If SOL dips below the $137 support level, a move down to $132 could follow. However, if bulls manage to push past the $145 resistance and sustain above $150, Solana may target $155 and even $165 in the short term.