Coinpaper
January 5, 2026 10:23 AM UTC

Solana Price Prediction: Where Is SOL Headed Now?

Solana is trading near a key support zone after reaching the short term target area on the 4 hour chart. Now, buyers need a strong bounce above the green signal line to show that SOL has formed a local low. Solana Price Tests Target Zone as Bulls Need Green Line Break Solana reached the blue target zone on the 4 hour SOL/USD chart shared by MCO Global, putting price near a key short term support area. The chart shows SOL trading around $82.99 after moving into the target zone between about $81.76 and $79.07. This area also sits near the 50%, 61.8%, 123.6%, and 138% Fibonacci levels marked on the chart. Solana Wave 2 Target Zone. Source: MCO Global MCO Global said Solana now needs a micro 5 wave move up and a break above the green signal line. That green line sits near $85.50 to $86.00. A clear move above it would give the first sign that wave (2) may have formed a low. Until that happens, the chart still shows Solana inside a corrective structure. The blue zone can act as support, but support only matters if buyers react with a strong move higher. If SOL fails to recover from this area, the next downside levels sit near $78.89 and $77.95. Below that, the wider main range support extends toward $75.40 and $71.92. For now, Solana has reached the expected support zone, but confirmation is still missing. A break above the green signal line would shift the short term setup toward buyers. A weak bounce or another drop would keep pressure on SOL near the lower support range. Solana Holds Key Support as Price Tests the “Great Wall of SOL” Solana is testing a major support zone near the mid $80 area, according to the chart shared by Don Wedge. The chart shows SOL trading around $85.07 while holding inside a long green support band. This area has acted as an important level before, and price is now moving sideways near it after a sharp decline from higher levels. Great Wall of SOL Support. Source: Don Wedge The phrase “Great Wall of SOL” refers to this wide support area. In simple terms, buyers need to defend this zone to stop the downtrend from extending. The chart also shows a past accumulation range below the current support area. SOL previously moved sideways for a long period before a strong rally. That comparison suggests the current zone may be important for market structure. However, the chart does not confirm a reversal yet. Solana still needs stronger buying and a move away from the support band to show that buyers have regained control. If SOL loses the green zone, the next move could weaken the broader structure. But if price holds and builds momentum, the support area may become the base for a recovery attempt.