Solana (SOL) Price Alert: Bearish Momentum Could Push Below $175

Solana (SOL) has been one of the standout blockchain networks in 2025, known for its lightning-fast transactions and thriving ecosystem. However, the recent market mood around Solana’s native token, SOL, has shifted notably. 

After hitting highs near $208, SOL has since retreated to around $184.45, signalling that bearish pressure is building. Let’s take a closer look at what’s happening in the Solana market, what key technical indicators are telling us, and what to watch next if the price continues to slide.

The Current Market Picture

At the time of writing, Solana (SOL) is trading at approximately $184.45, down notably from recent highs. This decline has pushed SOL below both the 100-hourly Simple Moving Average (SMA) and the lower boundary of a rising channel around $188.

This breakdown suggests that short-term traders are losing confidence, and profit-taking could be setting in after a strong run earlier this month.

In technical terms, support levels now sit at:

• $182 – immediate minor support

• $175 – major psychological and structural level

• $165 and $150 – deeper support zones in case of an extended correction

Meanwhile, resistance levels to watch are:

• $188 – near the broken channel line

• $195 and $200 – important levels that SOL needs to reclaim to re-establish bullish momentum

• $208 – the recent high that represents the next key target for bulls

Read Also: SOL USDT | Spot Trading

Technical Indicators Point to Short-Term Weakness

Looking at momentum indicators, the signs lean bearish. The Moving Average Convergence Divergence (MACD) indicator is currently in the bearish zone, showing that selling pressure outweighs buying momentum. 

Similarly, the Relative Strength Index (RSI) has fallen below 50, suggesting that sellers are in control and that there’s still room for further downside before the asset becomes oversold.

However, it’s worth noting that markets rarely move in a straight line. If SOL can stabilize above $182 or reclaim $188, a short-term consolidation or bounce could occur, allowing traders to reset positions before the next move.

Read Also: How to Buy Solana (SOL)

Why the $175 Level Matters

The $175 zone is currently the most critical support area for Solana. It has served as a key demand zone in previous trading sessions, and many short-term traders are likely to have stop-loss orders placed just below it.

If SOL breaks and closes below $175 with strong volume, it could trigger a chain reaction of liquidations and stop losses, pushing the price rapidly towards $165 or even $150.

On the flip side, if buyers manage to defend $175, it could act as a foundation for a rebound, with potential upside targets back towards $195 and $200. This kind of move would signal renewed confidence and could attract fresh buying interest.

Read Also: Solana ETFs Set for Approval in 2025

Market Sentiment and Broader Context

The broader crypto market has also been experiencing some turbulence. Bitcoin’s recent pullback from $68,000 and Ethereum’s struggle to hold above $2,500 have had a ripple effect across altcoins, including Solana.

Market sentiment remains cautious, with traders rotating between risk-on and risk-off positions depending on global macroeconomic signals and ongoing regulatory discussions in major markets.

Despite the current bearish tone, Solana’s fundamentals remain strong. Its network continues to see growing adoption from developers, decentralised applications (dApps), and NFT projects. 

In many ways, this correction could be seen as a healthy reset after a strong upward move rather than a sign of fundamental weakness.

What Traders Should Watch Next

In the short term, the battle between bulls and bears will likely centre around the $175 level.

• A decisive break below $175: could open the door to further declines towards $165 or even $150, levels that may attract bargain hunters or long-term investors looking for re-entry.

• A rebound above $188: would be the first sign that selling pressure is easing, potentially paving the way for a retest of $195–$200 resistance zones.

For now, traders may prefer a cautious approach, either waiting for confirmation of a breakdown or a clear sign of reversal before taking new positions.

Read Also: Solana Price Targets $225 as SOL Holds Above $190

Outlook: Short-Term Caution, Long-Term Opportunity

In the near term, Solana appears to be in a corrective phase, and it’s sensible for traders to exercise caution. The current structure suggests that the market could drift lower before finding firm support.

However, long-term investors who believe in Solana’s technology and growth prospects might see any deeper dips as buying opportunities. After all, the Solana ecosystem continues to thrive with high throughput, low fees, and expanding real-world use cases.

In short, while the charts are flashing short-term red signals, the long-term story for Solana remains promising, provided it can hold key support and rebuild momentum over the coming weeks.

Read Also: Will the Solana ETF Finally Be Approved by the SEC? Details

Conclusion

Solana’s recent price action underscores the market’s current volatility. With SOL trading below key moving averages and support zones, the near-term outlook leans bearish. The $175 level is the line in the sand, a break below it could accelerate losses toward $165 or even $150.

Still, if bulls manage to defend this critical support, Solana could stabilize and stage a rebound toward $195–$200. 

For now, traders should remain alert and disciplined, while long-term investors may keep an eye out for strategic entry points during any extended pullback.

In crypto markets, patience and perspective often prove more valuable than chasing every price swing. Follow Bitrue and get any crypto news, price, market analysis and token launch.

FAQ

What is Solana (SOL)?

Solana is a high-performance blockchain platform known for its speed and scalability. It supports decentralised apps (dApps), NFTs, and DeFi projects with low transaction costs.

Why is Solana’s price dropping?

SOL’s recent decline is mainly due to technical breakdowns and general market weakness. Profit-taking after recent highs and bearish indicators like a falling RSI and MACD have added pressure.

What are the key support and resistance levels for Solana?

Support levels to watch are $182, $175, $165, and $150. Resistance levels are $188, $195, $200, and $208.

Could Solana recover above $200 soon?

It’s possible if the $175–$182 zone holds and bullish sentiment returns. A rebound above $188 would be an early sign of recovery, but sustained movement above $200 will require strong buying volume.

Is now a good time to buy Solana?

That depends on your strategy. Short-term traders may prefer to wait for confirmation of a reversal, while long-term investors might view dips below $175 as potential entry opportunities, provided they manage risk carefully.