In the middle of the recent market recovery, Solana (SOL) jumped almost 10% from the end of last week, regaining the level of $82 and resuming major resistance. However, some market watchers have warned that the rally could be short-lived if the cryptocurrency does not turn a major point into support in the coming days.
Collaborative Reading
Solana Price In ‘Consolidation Trap’
On Thursday, Solana rose 2.5% to try to regain the area of $84 after losing the position on Wednesday night. The altcoin has been trading between $76-$92 levels since February, moving within the lower half of this range over the past two weeks.
It’s Martinez lighting fixtures a construction plan that has been “remarkably consistent” since October 2025. In particular, the expert explained that Solana has been repeating three plans every time he has lost power in the past six months.
According to Martinez, the model starts with give it back of the 50-day Simple Moving Average (SMA). This is followed by a quick failure to hold the 50-day SMA as support. Finally, the SOL enters a “combination trap”, a brief, lateral “indifferent” period before the actual leg begins.
As the chart shows, the cryptocurrency recorded this pattern in November 2025 and January 2026, when it dropped below the 50-day SMA and strengthened for weeks before the big sell-off, finally ending the bottom and reaching a new area below.
Solana moved above the 50-day SMA in mid-March, when it peaked above $97, and then moved lower. Now, altcoin is in its own including segment, “side intervention” between $79-$81, and is below the SMA key near the $86 mark.
“If this process holds, the lateral movement is not ‘fixation’—it is bending the new leg down.” According to previous events, the failure to restore the level of $ 86 immediately could lead to $ 52,” said Martinez.
Is the SOL Crash Imminent?
Leviathan market manager he realized that Solana has retested the underground region of his site seven times since February, and each jump is smaller after retesting.
At the time of writing, the price was rejected from the 50-day Exponential Moving Average (EMA), which means that a reversal and a breakdown from the key area of $76-$80 could be next. “Historically, the higher the support level is measured, the weaker it is. Watch this level closely,” he said.
Expert Crypto Lens he shared the same shape, pointing to a possible change in the SOL chart. At the post, the cryptocurrency has been trading in a bearish flag pattern since the beginning of February, and it broke from the formation when it fell below the $81 area at the end of March.
Collaborative Reading
This also started at the end of 2025, resulting in 54% to fix after Solana broke on the model. After the recent jump, the altcoin is repeating the lower limit of the pattern from the support, which will turn this level into a resistance if the strength does not hold.
“This is not a random event, it is a process,” the expert warned, “If this continues, SOL may move towards the $45 area.”
Image from Unsplash.com, Chart from TradingView.com
