Solana’s price is currently at a critical support level, and its movement here will determine if a significant upward trend can start. The recent market correction has brought SOL to a pivotal point, where its short-term price action will show whether buyers are taking charge or if further declines are needed.
According to More Crypto Online, SOL still has the potential to begin a larger upward move in this cycle. The analyst points out that the market has been correcting since mid-September and has now reached its first major structural support zone, placing the asset at a crucial crossroads.
The key support zone lies between $138 and $118, which is currently being tested. However, More Crypto Online warns that there isn’t enough evidence yet to confirm that support is holding. A small green candle on the weekly chart is something to monitor but isn’t a clear signal.
If Solana breaks below the $117–$118 area, attention will turn to a deeper correction targeting the next major support between $90 and $62. These two zones are the most important on the weekly chart, but traders shouldn’t assume either will hold without confirmation.
The decisive factor is how the price behaves on smaller time frames. A weekly support zone only gains significance when lower time frames show clear 5-wave upward moves from the lows, indicating strong buyer interest rather than temporary reactions.
Without these micro-level impulses, any bounce within the support zone remains unconfirmed, suggesting a reaction to the area rather than a true bottom or bullish reversal. To tell the difference between a weak bounce and a solid hold, traders should watch price action on 15-minute, 1-hour, and 4-hour charts for signs of committed buying.
Until Solana forms a structured 5-wave move from a low, neither support zone can be considered validated, and both higher and lower support scenarios remain possible.
Frequently Asked Questions
Of course Here is a list of helpful and clear FAQs about the potential for Solanas next price surge being tied to a key support level
BeginnerLevel Questions
1 What does support level mean
A support level is a specific price point where an asset like Solana has historically had a lot of buying interest which tends to stop the price from falling further
2 Why is holding a support level so important for a price surge
If the price holds at support it shows that buyers are stepping in and believe the asset is undervalued This creates a foundation of confidence from which a new upward move or surge can begin
3 What happens if Solanas price doesnt hold this support
If the price breaks below the support level it can trigger more selling as people try to limit their losses This could lead to the price falling further until it finds the next stronger support level
4 How can I find out what this support level is
Support levels are identified by looking at historical price charts Traders often use tools on platforms like TradingView to see where the price has bounced back from multiple times in the past
Intermediate Advanced Questions
5 Beyond holding support what other factors could trigger a Solana surge
A surge could also be driven by positive news for the broader crypto market a major new project launching on Solana a significant upgrade to the network or a spike in user activity and transactions
6 Is a support level a guaranteed floor for the price
No it is not a guarantee Support levels are psychological and technical zones They can be broken especially during periods of high fear or negative marketwide news
7 Whats the difference between a support level holding and a bull trap
Support Holding The price touches the support level and then shows a strong sustained move upward with increasing volume
Bull Trap The price bounces from support briefly tricking buyers into thinking a surge is starting only to reverse and break sharply below the support level
8 What trading strategies do people use around key support levels
Buying at Support Some traders place buy orders near the support level anticipating a bounce