- Solana dropped 27% since May 23, forming a bearish 4H market structure
- The daily chart still maintains a bullish trend, with a potential demand zone near $120
- Liquidity sweeps below key support may hint at a reversal—but confirmation is key
Let’s be honest—if you’ve only been looking at Solana on the 4H chart lately, it probably hasn’t been pretty.
Since May 23, the price dropped from around $187 to a low of $136, wiping out about 27% in just a few weeks. Lower highs, lower lows—textbook bearish structure. And if that’s all you’re seeing, you’d be forgiven for thinking Solana is falling apart.
But… zoom out.
The Bigger Picture Still Favors the Bulls
Now this is where things get interesting.
Switch to the daily chart, take a breath, and you’ll see a completely different story. The broader market structure? Still bullish. And I mean genuinely bullish—not the fake-out kind.
This reminds me of those moments where price feels like it’s crumbling, but all it’s really doing is revisiting key zones, shaking out late bulls, and loading up for something else.
Think about it: even if Solana were to dip down to $120 (which is a legit demand zone by the way), the larger structure would still be intact.
No panic needed. No emotional decisions. This is where the smart money prepares—not runs.
What Just Happened on H4?
Back to H4 for a second—because that timeframe does give us some valuable short-term signals.
Recently, Solana swept a key support line that had multiple touches—yep, the classic setup where traders love placing their stop-losses just below. And what did price do? It grabbed that liquidity.
Just like it always does.
What’s even more important is that this sweep happened right above a demand zone, and price reacted cleanly. That’s not something I ignore lightly. We may be looking at the early stages of a reversal—or at least a decent bounce.
But again, nothing is guaranteed. The market doesn’t follow our scripts—it follows liquidity. And that’s exactly what Solana just targeted.
So, What’s the Solana Price Prediction?
Short-term? I wouldn’t be surprised to see a push upward now that liquidity has been grabbed and demand respected.
But keep in mind, we’re still in bearish territory on the 4H. Any bounce has to prove itself. If it fails to break key highs, it’s just another lower high in a bigger bearish sequence.
Long-term though? Daily looks clean.
SOL is still holding higher lows, still respecting key demand zones, and still in an overall bullish trend. As long as that structure remains, I’ll lean toward the bullish side of the Solana price prediction conversation.
But this is crypto—don’t get too comfortable. Stay nimble, manage risk, and always know where your invalidation levels are.
Final Thoughts
I’ve learned over the years that zooming out is often the best trading strategy—not just for charts, but for mindset too. Solana might look weak short-term, but the macro structure is still solid.
Just remember: these are possibilities, not certainties. Price could bounce, collapse, or crab sideways for days. That’s the game. What matters is being ready—not being right.
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