Solana price has pulled back after a strong year, and now everyone is waiting to see what happens next. It’s stuck just below an important level, and the market could go either up or down from here.
Analyst Ali says Solana needs one clear signal before the next big move can begin. Without it, the risk of a deeper drop grows much larger.
Ali points out a very simple line in the sand. Solana has to climb back above its key resistance zone and hold it with confidence.
That specific level has been the dividing line between bullish continuation and bearish reversal many times before.
When Solana stays above it, rallies usually follow. When it falls below, corrections tend to drag out longer than people expect.
Right now, Solana price is stuck beneath that area, which means buyers must prove they are still in charge.
Why This Level Matters For SOL Price
If we look at the chart’s history, Solana has treated this barrier as a pivot point again and again. It has been a launchpad during the strongest upside bursts, while also serving as a clear rejection zone during downturns. Traders remember those reactions, so sentiment flips the moment price crosses it.
That is why the market is waiting for Solana to show conviction. Without that reclaim, confidence stays shaky.
Ali’s chart also shows the bearish pathway that could open up if buyers fail to step in soon. There is a wide support pocket lower on the chart where SOL price has reacted strongly in the past.
If the market drifts down into that zone again, traders may start looking at it as the next stop in the trend. A fall into that area would shift the conversation away from “when does the bull run resume?” toward “how much more pain before the next bounce?”
No one wants that scenario, but the chart clearly shows it as a possibility.
The Bullish Case Still Exists Solana – But It Needs a Breakout First
Solana has proven many times how quickly it can flip the script. When momentum comes back, the price doesn’t creep higher – it sprints. That is why traders are not giving up on the bullish case.
As soon as Solana price closes back above its key level, the road opens up for a strong recovery toward previous highs, and the larger bullish structure comes back into play.
The big move hasn’t been decided yet. Solana just needs that one confirmation to show the bull run isn’t over.