Key Insights
- •Solana (SOL) price has stayed in a $125–$145 range for weeks.
- •A close above $146 can move the price toward $164–$165.
- •Losing $125 can send the price toward the next support near $121.
Solana Price Stays in a Tight Range
Solana (SOL) price has traded inside the same narrow range for almost a month. The price has stayed between $125 and $145 since mid-November, and neither side has taken control. Dips have held above $125, and rallies have failed near $145. This has created a difficult setup for traders, as the price has not shown a clear direction. However, some indicators now show that this range may not last much longer.
Solana price is still capped by the $145–$146 area. Every time the price reaches this level, sellers appear. At the same time, buyers continue to defend $125. This creates a sideways pattern that traps short-term traders.
One reason this range matters is the behavior of Chaikin Money Flow (CMF). CMF uses price and volume to measure whether whale money enters or leaves a market. Values above zero show inflows, while values below zero show outflows. Solana CMF tried to move above zero and form higher lows, indicating that some large traders are still supporting the price. But even with this support, Solana has not broken above $145, showing hesitation and limited demand at higher levels. This is especially true now that the CMF indicator is moving under the zero line.
If Solana (SOL) loses the CMF trendline, the support near $125 may come under pressure. A break below $125 could move the price toward approximately $121, which is the next support zone. SOL price also reacts to broader activity levels. Spot and futures data show heavy buying and selling between $132 and $136. This area has become a congestion zone where traders continue to enter and exit positions. When this happens, the price usually waits for a strong trigger before choosing a direction.
How a Break Above $146 Could Change the Solana Price Path
The next important test for the Solana price is the $146 level. If the price closes a daily candle above this level, it will indicate that buyers can finally overcome the barrier that has stopped every rally for weeks. This break would give Solana (SOL) room to move toward $164–$165, representing a rise of about 23–25% from current levels. This target is derived from recent swing levels on the chart. Once the range breaks, the price often moves to the next major area where trading activity is high; in this case, that area sits around $164–$165.
The bullish case has one more supporting point: Solana has led DEX volume for 16 consecutive weeks. DEX volume refers to the amount of trading that occurs on decentralized exchanges. This demonstrates strong utilization of the Solana network and consistent interest from active traders. While high DEX volume does not guarantee a price increase, it indicates that the network remains active and trusted. Despite this, the Solana price is not showing strong buyer conviction at $145. Without a clear breakout, the range will persist and may weaken over time.
Can SOL Price Go Any Lower?
The Solana price outlook depends on how the current range resolves. If $146 breaks with a daily close, the next target for SOL price is $164–$165, confirming a move out of the range and indicating stronger buyer interest. If this occurs with rising CMF, the recovery will be more stable.
However, if Solana fails again at $145 and CMF begins to weaken, the range could break downwards. The initial support is at $125; if that level breaks, the price may fall toward $121. Nevertheless, a more critical bearish scenario, as predicted by some analysts, would be a drop near $40. This move becomes more probable if significant capital, particularly from whales, begins to withdraw.
For the present, the Solana price remains within its established range. The current setup suggests that above $146, the price could rise by 23–25% to $165. Below $125, the next support level is $121. Until one of these levels is decisively breached, traders will likely continue to experience the same slow market conditions.