TLDR
- Solana price is testing a descending wedge breakout with upside targets between $160 and $180.
- Long-term charts still show a bearish channel, keeping downside risk toward $120–$100 in view.
- Daily structure suggests accumulation as higher lows form beneath layered resistance levels.
- Holding above $131–$145 is key to confirming a sustained bullish reversal for SOL.
Solana(SOL) price has entered a pivotal technical phase as multiple chart analyses outline conflicting near-term outcomes. Recent price action shows early signs of a breakout, yet broader structures still warn of downside risk. Analysts’ views suggest the next direction for Solana price and which levels define the trend.
Analyst Flags Solana Price Within a Bearish Channel
According to analyst Ali, a long-term SOL against USDT structure from late 2025 remains defined by a descending channel. Price has consistently respected resistance while printing lower highs and lows. As of mid-January 2026, SOL price is trading near $136 after a modest rebound.
The analysis noted repeated downside breaks at key inflection points. Wick rejections and red engulfing candles continue to cap rallies. The analyst highlighted $144.63 as the invalidation level, with $159.10 and $225 marked as upside targets only if a reversal confirms. Until then, compression near the channel apex suggests sellers remain in control.
Solana $SOL turns bullish above $144.63. A breakout there opens the door to $159.10. pic.twitter.com/CFIXPuWoXQ
— Ali Charts (@alicharts) January 13, 2026
Moreover, the chart points to the risk of further capitulation toward $100 or lower. A loss of lower support could extend declines toward $90. Network congestion in late 2025 is cited as a lingering headwind, although upgrades such as Firedancer may shift sentiment if the lower band near $120 holds. For now, Solana price remains technically vulnerable within this wider structure.
Solana Price in Accumulation Under Defined Resistance
Meanwhile, analyst CryptoFaibik presented a daily chart showing a stair-step consolidation since early January. Price has oscillated between $119.54 support and layered resistance at the $131.53, $144.63, and $159.10 levels. Candles display a sequence of higher lows, suggesting gradual accumulation.
Recent sessions closed higher with muted volume, a common feature in pre-breakout ranges. The analyst identified $131.53 as the immediate trigger. A close above that level would open a path toward $144.63, with a measured advance toward $159.10 if momentum persists. Downside risk is defined by a retest of $119.54, which would weaken the bullish case.
$SOL #Solana Slowly but Surely 🆙🚀
+14% Profit so far Since the ENTRY.. https://t.co/Y1Gq1Pfo87 pic.twitter.com/LFUAVRNid9
— Captain Faibik 🐺 (@CryptoFaibik) January 13, 2026
In addition, the setup aligns with broader market stability. If Bitcoin maintains firm levels, SOL’s beta could amplify moves within the range. CryptoFaibik highlighted rising developer activity and expanding total value locked as supportive fundamentals. Under this framework, Solana price appears to be building a base rather than extending a selloff.
SOL Price Breaks Out From Descending Wedge
Furthermore, according to analyst Cryptorand’s 8-hour chart, a descending wedge capped Solana price since mid-2025. Recent candles broke above the trendline with a clear increase in volume. SOL price briefly pushed to the mid-$140 level, signaling a shift in short-term control.
The analyst projected targets between $160 and $180 based on the wedge’s height. Follow-through remains critical, with a retest of the broken line expected. A successful hold would confirm the breakout and support continuation. Failure to defend the trendline could trigger a pullback toward the low-$130s.
$SOL is breaching up after consolidating on the main bullish breakout.
Next ranges on my scope are $183 and $215, are you ready? pic.twitter.com/jt0O4NbwSL
— Rand (@cryptorand) January 13, 2026
More so, the breakout coincides with improving ecosystem sentiment. Reduced outage risks and new partnerships are near-term tailwinds. As shorts unwind, momentum could accelerate if volume remains supportive. In this context, Solana price has transitioned from compression into a test of higher resistance bands.
