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Solana Price Faces Bearish Patterns: Is Long-Term Bullish Potential Still Alive?

Solana Price Faces Bearish Patterns: Is Long-Term Bullish Potential Still Alive?

Published:
2025-12-29 20:21:37
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Solana's chart flashes warning signs—but smart money knows crypto's best plays start when retail panics.

The Technical Reality Check

Head-and-shoulders formations. Descending triangles. The patterns don't lie—Solana faces immediate technical pressure. Trading volume's drying up in key zones, suggesting conviction's wavering among short-term holders. It's the classic crypto dance: momentum chasers hitting exits while builders keep coding through the noise.

Beyond the Daily Chart Noise

Zoom out. Network upgrades keep shipping. Developer activity metrics—the ones that actually matter—still trend upward. Remember when institutions dismissed Bitcoin at $3,000 because of a 'death cross'? The same myopia now paints Solana's current correction as a catastrophe, ignoring its throughput advantages that remain unmatched by most Layer-1 competitors.

The Institutional Whisper

VC portfolios aren't rebalancing away—they're accumulating during liquidity droughts. Real adoption isn't measured in 24-hour price swings but in validator decentralization and actual dApp usage. While day traders sweat over support levels, infrastructure players are building the next wave of financial primitives on-chain.

The Bottom Line

Bearish patterns signal caution, not capitulation. Every major crypto asset has weathered worse technical setups before breaking to new highs. The question isn't whether Solana survives this squeeze—it's whether you'll still be positioned when the narrative inevitably flips from 'overheated' to 'undervalued' yet again. After all, Wall Street's 'wise' analysts spent years calling crypto a scam while missing the single greatest wealth transfer of our generation—some lessons get learned the expensive way.

TLDR

  • Long-term cup and handle targets a potential SOL price breakout above $200 with $2,000 projection.
  • Weekly charts warn of head and shoulders risk, with downside toward $105–$75.
  • A confirmed double top near $200 keeps pressure on SOL around the $120–$130 zone.
  • Despite near-term weakness, multi-year higher lows preserve long-term bullish potential.

Solana(SOL) price is navigating a complex technical phase as competing chart signals shape market expectations. While short-term patterns reflect distribution and consolidation, long-term structures continue to point toward significant upside potential. Analysts are weighing near-term downside risks against projections that extend well beyond current levels.

Solana Price Cup and Handle Signals Breakout

According to analyst curb.sol, the long-term logarithmic SOL price against the USD chart outlines a multi-year Cup and Handle formation. The structure began after the 2022 lows near $10 and developed into a rounded recovery toward $200 during 2024 and 2025. The current pullback between $120 and $150 represents the handle phase.

$SOL

Massive Cup & Handle pattern forming on $SOL.

1st upwards target at $2,000.#SOLANA⚡pic.twitter.com/0zAGKbNYVi

— curb.sol (@CryptoCurb) December 28, 2025

This pattern is widely viewed as a bullish continuation setup when confirmed by volume. The neckline sits near the $200 region, which previously capped rallies. A decisive breakout above that level WOULD activate a measured move projection toward $2,000.

Moreover, Solana price historical volatility aligns with the magnitude of this structure. Network expansion, DeFi growth, and mobile integrations provide a supportive macro backdrop. However, failure to hold the handle range could expose deeper retracements toward prior consolidation zones.

SOL Price Structure Warns of Prolonged Correction

Meanwhile, analyst Elite Crypto presented a more cautious outlook based on the weekly solana price tether USD chart. After rising from the 2022 bottom near $10 to a peak around $200, the market has entered a corrective phase. Price recently declined to the $124 area, reflecting weakening momentum.

$SOL on the higher time frame for doesn’t look very strong right now.

It has formed a head and shoulders pattern which is technically bearish. If $SOL loses the $105 support then the price could MOVE down to the $75–$51 range and this phase may last until mid 2026.

After this… pic.twitter.com/XDtPf8ntBv

— Elite crypto (@TheEliteCrypto) December 28, 2025

The chart suggests a developing head and shoulders pattern, which typically signals bearish continuation. Key support rests NEAR $105, with a confirmed breakdown potentially opening a path toward $75 and $51. This corrective phase could persist into mid-2026 if selling pressure continues.

Additionally, despite near-term weakness, the broader trend still shows higher lows over several years. The analyst noted that deeper retracements may offer structured accumulation opportunities. Long-term recovery scenarios remain viable once the corrective cycle matures.

Double Top Pattern Pressures Solana Price Near Key Zones

Furthermore, another market analyst, Henry, highlighted a confirmed solana price double top pattern on the weekly chart. The formation developed around the $200 level during 2025 and triggered a breakdown below the $150 neckline. Price is now trading near $124, approaching historically active support zones.

Marked CME gap zones between $150 and $170, as well as $120 to $130, frame the current range. Increased volume during the decline suggests active distribution rather than passive consolidation. A failure to defend lower support could extend losses toward the $100 level.

No doubt $SOL weekly looking weak.

We put in a clean double top, rolled over, and now price is going back toward a zone that’s acted as real support before.

There’s also a big gap below that market hasn’t dealt with yet.

Not a prediction, just an observation.

This is the… pic.twitter.com/H6yv4vCukc

— Henry (@LordOfAlts) December 28, 2025

In addition, the analyst noted that these support zones previously attracted strong demand. A successful defense could spark a technical bounce before broader trend resolution. However, rallies remain vulnerable until higher resistance levels are reclaimed.

Across multiple timeframes, Solana price action reflects a market balancing corrective pressure against long-term structural strength. While bearish patterns dominate the near-term outlook, long-horizon formations continue to support the case for renewed upside once consolidation completes.

|Square

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