Solana Traders Brace for Volatility as Buy Walls Thin and Resistance Thickens

Solana price action on the 1-day chart continues to show signs of fatigue after a series of lower highs and increasing indecision across major momentum indicators. 

Despite periodic attempts to rebound, the broader trend is tilting toward consolidation with a bearish lean, as sellers remain active near resistance while buyers show caution at increasingly shallow support zones.

The past several sessions reflect failed attempts to secure a sustained move above short-term resistance, with the market repeatedly turning away from the $135.86, $139.02, and $143.02 zones. 

Daily chart for SOL/USD (Source: GeckoTerminal)

Each rejection signals that bulls lack the conviction to retake control, even as prices hover uncomfortably close to key supports at $131.71, $131.37, and $129.78. The overall posture suggests that Solana is waiting for a catalyst—either a liquidity sweep or a macro impulse—to break its current drift.

Short-Term Trend Slips as EMAs Flatten and Momentum Eases

The 9-day exponential moving average is now dipping beneath the 20-day EMA, a configuration that typically reflects weakening bullish momentum and an early transition into a short-term downtrend. 

That crossover dynamic is subtle but meaningful: buyers are losing strength faster than sellers, compressing the Solana price into a zone where breakdowns become more plausible unless the market finds fresh demand.

The MACD also continues to show bearish conditions, with the trend line remaining below the signal line even as the histogram contracts. This combination suggests downward pressure is still present, but not accelerating—often a precursor to sideways drifting or a slow grind lower. 

Meanwhile, the RSI is hovering just below the midline, reinforcing that Solana isn’t oversold yet, leaving room for additional downside if supports fail.

Support Tests Are Approaching as Solana Sits Near Structural Floors

The market is now pressing toward a cluster of supports between $131.71 and $129.78, a zone formed by prior consolidation. 

A decisive break below that area could shift the broader narrative toward a medium-term retracement, as it would confirm that buyers are no longer defending the structure that held throughout recent volatility.

If bulls maintain those levels, however, it would keep Solana in a neutral-to-bearish range rather than a full breakdown. A rebound from this area would first need to clear $135.86, a level repeatedly acting as a lid on upward momentum. 

Above that, $139.02 becomes the next major test—and historically, bulls have struggled to build sustainable traction beyond it.

Solana Order Book Signals: Heavy Bid Walls Below, Thick Sell Walls Above

Order-book liquidity provides crucial insight into future volatility pockets. 

The largest concentration of buy liquidity sits near $130 and $125, with substantial bid walls that have so far acted as pressure valves preventing deeper sell-offs. 

If the wall at $130 were to fall, the Solana price could slide a few percent quickly—while losing the major wall at $125 would expose the chart to deeper corrective territory, potentially accelerating a steeper decline.

On the other side, multiple sell walls crowd the approach to resistance. 

Offers at $133.80, $140, and $142 indicate that sellers are preparing to unload sizable inventory. Clearing the $133.8 wall would offer only a modest upside window, but breaking through $140 or $142 could open the path toward meaningful continuation, as clearing these clusters would represent strong confirmation of renewed buyer strength.

For now, the order book leans slightly bearish: heavy sell pressure sits just above, while bid walls—though large—are positioned well below spot price, meaning liquidity support lies beneath current levels rather than immediately under it.

Potential Long and Short Setups

The current technical environment supports both directional strategies depending on how the market reacts at nearby levels.

For long traders, the more conservative entry sits near the support cluster around $131–$130, where historical buying has been most consistent. A rebound here, paired with a recovery above $135.86, would strengthen a long setup targeting the $139–$142 resistance band. 

Momentum confirmation (RSI reclaiming mid-range, MACD flattening) would add confidence. Exits above $139 become reasonable given thick liquidity overhead.

For short traders, failed breakouts at any of the resistance levels—especially $135.86 or $139.02—provide clean entries with limited risk. A breakdown below $131.37 would also offer continuation opportunities toward the deeper liquidity pockets near $130 and $125, where bid walls may absorb the Solana price. 

Exits can be managed near those liquidity pools, as they often slow momentum.

With momentum indicators leaning bearish and the EMAs turning downward, short setups currently have a slight advantage unless bulls reclaim levels with force.

Disclaimer: The information presented in this article is for informational and educational purposes only. It does not constitute financial advice. Ecoinimist is not responsible for any losses incurred. Readers should exercise caution before acting on this content.