{"id":5585,"date":"2025-06-26T18:13:14","date_gmt":"2025-06-26T18:13:14","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/solana-price-at-a-very-delicate-level-analyst-says-148-reclaim-is-key\/"},"modified":"2025-06-26T18:13:14","modified_gmt":"2025-06-26T18:13:14","slug":"solana-price-at-a-very-delicate-level-analyst-says-148-reclaim-is-key","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/solana-price-at-a-very-delicate-level-analyst-says-148-reclaim-is-key\/","title":{"rendered":"Solana Price At \u2018A Very Delicate Level\u2019 \u2013 Analyst Says $148 Reclaim Is Key"},"content":{"rendered":"

Despite recovering from the weekend retrace, Solana (SOL) is trading between two levels that could make or break the altcoin\u2019s rally. Nonetheless, some analysts suggest that the cryptocurrency could be gearing up for a massive breakout beyond the local highs.<\/p>\n

Solana Sits At Decisive Level<\/h2>\n

On Wednesday, Solana fell to the $143 mark after failing to reclaim a crucial area lost over a week ago. Following the May breakout, the cryptocurrency hovered between the $148-$184 price range, hitting a four-month high of $187 at the end of last month.<\/p>\n

However, the June market pullback saw SOL lose its range and move toward the $144-$148 levels. This area was briefly lost during the weekend retrace, with Solana falling to the $125 support level before recovering.<\/p>\n

Over the past three days, the altcoin has surged nearly 15%, touching the $148 barrier on Wednesday morning, which has been one of the key levels since May. After recovering from the recent drop, SOL has attempted to reclaim this level, but was rejected once again.<\/p>\n

Analyst Sjuul from AltCryptoGems highlighted that Solana \u201cjust completed a very nice V-shaped recovery from the low,\u201d but noted that the cryptocurrency is at a \u201cvery delicate level\u201d as it trades within the $144-$148 zone.<\/p>\n

\"Solana\"<\/p>\n

He suggested that investors should pay attention to this area, as a reclaim of the $148 resistance could propel the price to a \u201cquick move to the upside.\u201d On the contrary, rejection from this level and losing the $144 range low could signal that the recent price action was a bearish retest.<\/p>\n

Analyst Man of Bitcoin affirmed<\/a> that a \u201csustained break above the resistance zone would be the first signal that the chart has formed a low. He detailed that a confirmed break above the $148 resistance would support the case for a reversal. Nonetheless, he warned that a potential scenario \u201cwith one more low in wave-5.\u201d<\/p>\n

SOL Ready For A Rally Continuation?<\/h2>\n

As price hovers between the $143-$144 levels, market watcher Altcoin Hunter considers<\/a> that SOL is \u201cdancing with the devil.\u201d He pointed out that the cryptocurrency has been trading within a one-month falling wedge, with the $148-$150 rejection zone \u201ccoming in HOT.\u201d<\/p>\n

Per the post, failing to break out will send Solana \u201cback to the shadow realm,\u201d but \u201cgiven how easily market sentiment shot up, Valhalla is likely.\u201d<\/p>\n

Meanwhile, trader Rose Premium Signals stated<\/a> that the cryptocurrency is \u201cpreparing for a strong breakout\u201d from its one-month falling wedge pattern.<\/p>\n

The market watcher that Solana bounced from the crucial $125-$130 demand zone, which is in confluence with the 0.618 Fib level. Notably, the altcoin held above this area on the weekly timeframe despite the pullback.<\/p>\n

According to the trader, a breakout from the formation could trigger a \u201csharp move upward\u201d toward the initial $204 target, potentially followed by a surge toward the $229 and $258 areas.<\/p>\n

As of this writing, Solana is trading at $143, a 1.3% decline in the daily timeframe.<\/p>\n

\"Solana,<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite recovering from the weekend retrace, Solana (SOL) is trading between two levels that could make or break the altcoin\u2019s rally. Nonetheless, some analysts suggest that the cryptocurrency could be gearing up for a massive breakout beyond the local highs. Solana Sits At Decisive Level On Wednesday, Solana fell to the $143 mark after failing…<\/p>\n","protected":false},"author":1,"featured_media":5586,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[42,245,725,468,281,33,200,2639,2582,2725,405,82,955,214],"class_list":["post-5585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-investor","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-sol","tag-sol-analysis","tag-sol-breakout","tag-sol-forecast","tag-sol-price","tag-solana","tag-solana-pullback","tag-solusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5585"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5586"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}