- SOL is reacting to a daily supply zone around $150 after bouncing from $137
- Long-term structure remains bullish, with a possible pullback target at $120
- Bitcoin’s next move will likely influence whether Solana breaks higher or retraces
At the time of writing, Solana (SOL) is hovering around the $150 level. But as always, what matters is where it’s going, not where it is now.
So let’s take a deeper look.
Zooming out to the daily timeframe, the structure is still bullish. That’s important — we’re seeing higher highs and higher lows, and unless that breaks, the mid-term bias remains long.
Still, there are two equal lows sitting quietly underneath price, which could act as magnets in the future. Maybe not tomorrow, maybe not next week… but the market tends to come back for unfinished business.
That’s the kind of liquidity that doesn’t like to be ignored for too long.
Big Picture Levels
There’s a demand zone sitting around $120 — quite far from current levels — but one to keep in mind.
If SOL ever takes a deeper pullback, that area could become extremely interesting. It might be worth setting buy limits there, even if they stay pending for a while.
Yesterday, SOL gave a textbook reaction off a daily demand at $137, and today it’s dancing right inside a daily supply around $150.
This kind of price behavior isn’t random.
Every time price hits a higher timeframe zone, it carves out smaller supply/demand zones inside of it on the lower timeframes. H4 is no exception.
If you zoom into the H4 chart, you’ll see how price is reacting to a clear supply zone right now.
We’re in one of those moments where price could either reject here… or consolidate and use this area to build short positions before heading even higher.
The Power of Three in Action (AMD)
From June 23 to June 26, SOL accumulated tightly around $145.
Then — like clockwork — it manipulated price down to $137, just below where everyone had their eyes. That’s where the trap was set.
What happened next? Distribution — all the way up to $157.
A beautiful liquidity grab above the trendline.
This is classic Power of Three: accumulation, manipulation, distribution. Or, as some call it: the AMD model.
The kind of move that gets you stopped out if you’re too early, and makes you chase when it’s already too late.
It’s also a reminder that the market needs people to sell in order to go higher. That’s where supply and demand really shines — the market literally creates patterns that make traders short, just so it can use that fuel to rally.
What Now?
Right now, SOL could reject this H4 supply. But there’s also a decent chance it simply builds short positions here to trap traders and then shoots higher — possibly reacting to the supply zone above.
But there’s a twist: Bitcoin is in play too.
BTC has liquidity sitting above, and if Bitcoin decides to take off for that, it could drag SOL up with it.
That’s why I always recommend checking the broader context. If you haven’t read the latest Bitcoin price prediction article, do it after this — it ties in with this setup perfectly.
Short-Term Solana Price Prediction
So here’s the short-term outlook:
- If SOL rejects the current supply, we could see a quick move back toward the $145 range.
- If it consolidates here and pushes higher, then we might target the next supply zone, possibly around $156-$158.
- Longer term? That $120 demand zone is still alive — and could become very attractive if we get a broader market correction.
Just remember — none of this is guaranteed.
Markets move on probabilities, not certainties. What I’ve laid out here are scenarios, not predictions written in stone. That’s the nature of trading: always adapting.
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