47 Solana (SOL) Price Analysis shows bullish momentum building in recent sessions. Solana has been making waves in the crypto market once again. After a brutal retracement, the price appears to be showing signs of strength. But is this a dead cat bounce, or could it be the start of something bigger?Let’s take a closer look at the current market structure of SOL/USDT using advanced Smart Money Concepts (SMC) and ICT principles — and break down a potential high-reward trade setup that’s catching the attention of seasoned traders. From Solana SOL price analysis, experts predict a bullish trend ahead.Solana (SOL) Price Analysis: A Look Back at the Big Picture of Solana’s Market StructureSolana’s journey since 2021 has been a rollercoaster. After its explosive bull run that saw prices nearing $260, things took a sharp turn in early 2022. The breakdown below critical support around $180 marked a Break of Structure (BOS), confirming a shift into a long-term bearish phase.Throughout 2022 and into early 2023, Solana continued printing lower lows. But around mid-2023, we saw a Change of Character (CHoCH) — the first sign that bulls might be stepping back in. From there, a strong bullish rally followed, taking SOL from around $20 to over $200 in less than a year.That bullish trend, however, hit a wall at the $210–$215 zone — where we now see a confirmed bearish CHoCH. Price has since reversed and dropped into a familiar demand zone. Solana (SOL) Price Analysis points to possible consolidation before the next move. Analysts extract data from Solana SOL price to forecast short-term trends.Key Liquidity Zones on the ChartStrong Supply Zones (Resistance):$210–$260: This area marks an untapped supply zone and sits above major internal highs. Liquidity is likely stacked here — ideal for institutional profit-taking or fresh shorts.Major Demand Zone (Support):$75–$100: This region held strong during the latest correction. Price wicked into it and quickly bounced, showing signs of aggressive buying — potentially from smart money or large players.Sell-side and Buy-side Liquidity:Sell-side liquidity beneath $100 has been swept.Buy-side liquidity remains resting above the $170 and $210 levels — providing clean upside targets.The Trade Setup That’s Turning HeadsHere’s the trade idea that meets multiple high-confluence criteria — ideal for swing traders or anyone eyeing a high risk-to-reward play.Trade Bias: LongWhy long? Because we’ve just seen:A clean liquidity sweep below $100A bullish engulfing reaction from the demand zoneEarly signs of lower timeframe bullish CHoCHConfluence with institutional price levels and imbalance fillTrade Setup Breakdown (High R:R)ParameterLevelEntry$95.00 (on retest or LTF confirmation)Stop Loss$75.00 (below liquidity wick)Take Profit (TP1)$170.00 (internal high & supply)Take Profit (TP2)$210.00 (major BSL zone)This gives you a potential R:R of 1:5.75, making it a high-probability trade if confirmation aligns.What Would Invalidate the Trade?If price breaks below $75 with a strong close and no immediate recovery, it suggests deeper downside — potentially toward the $50–$60 range. In that case, the current demand zone has failed, and re-evaluation is necessary. Stay updated with Solana (SOL) Price Analysis for timely investment insights. Read more: From Hype to Hard Reality | KiloEX DEX Hacked | Bitcoin Price AnalysisFinal ThoughtsSolana is sitting at a crucial spot on the chart. After months of bearish pressure, the reaction from the $75–$100 zone could mark the start of a new mid-term rally — or at the very least, a powerful bounce. With liquidity already swept and key price imbalances above, the conditions are ripe for a potential 50–100% upside.Just remember — let price confirm before entering. Smart money doesn’t chase, it reacts.Frequently Asked Questions (FAQs)1. What is a CHoCH in trading?A CHoCH, or Change of Character, is when price shifts from a bullish to bearish trend (or vice versa). It often signals the beginning of a trend reversal.2. Is Solana bullish or bearish right now?Currently, Solana has printed a bearish CHoCH on higher timeframes but is showing a bullish bounce from demand, suggesting short-term upside potential.3. What is the key support for Solana?The major support zone lies between $75–$100, where price recently reacted strongly.4. What’s a good entry for a SOL long trade?A solid long entry lies around $95 with confirmation, targeting $170–$210 for profit-taking.5. What’s the risk-to-reward ratio on this SOL trade?If executed properly, this setup offers an R:R above 1:5 — making it a high-conviction opportunity for swing traders.
