Solana Rises on the 8H Chart – Breaking Above $147 Could Confirm a New Trend

Solana is currently at a crucial point as it trades around an important price level that could determine its short term direction. After weeks of selling pressure and unimpressive price action, the bulls are trying to regain control—but success depends on reclaiming higher resistance zones. Without a decisive bullish move, Solana's price action may continue to follow the broader downward trend that has shaped over the past few months. Meanwhile, macroeconomic tensions continue to escalate. The trade conflict between the United States and China is intensifying, with both countries imposing heavy tariffs. This has created a high-risk environment across global financial markets, and altcoins like Solana are particularly vulnerable. With increasing instability and investor sentiment becoming cautious, digital assets are under growing pressure. However, there is still a glimmer of optimism from a technical perspective. Leading cryptocurrency analyst Crypto Seth shared an analysis showing that Solana has shifted to a bullish trend on the 8-hour chart. In his view, if SOL can surpass the key resistance level, this could confirm the trend change and trigger a potential recovery. Until then, traders are closely watching as Solana navigates the critical support-resistance battlefield amidst volatile macro conditions. Bulls must hold their ground as the market faces the pressure of trade war. Solana is currently trading in the zone of success or failure, having lost 55% of its value since reaching an all-time high in January. This decline reflects the broader adjustment of the cryptocurrency and stock markets that began when macroeconomic tensions escalated—most notably due to rising inflation, global instability, and escalating tensions in the trade war between the United States and China. Bulls are currently facing a critical moment. Solana must hold its current level and reclaim key resistance zones to create a recovery. If it fails to do so, the price could fall sharply, especially if macro conditions continue to deteriorate. The unpredictable policy decisions of U.S. President Donald Trump, particularly around tariff imposition, have created a hostile environment for risk assets like Solana. The ongoing escalation of tariffs with China only adds to market volatility, putting further pressure on investor sentiment. However, there is a glimmer of hope from the technical side as Seth shares insights indicating that Solana has transitioned to a bullish trend on the 8-hour chart. According to his analysis, breaking the $147 level will confirm the trend change and may pave the way for a sustainable recovery. Currently, all eyes are still on whether SOL can surpass this level or face new pressure amid global volatility.

Solana faces important resistance: Can the bulls break through? Solana (SOL) is currently trading at 132 dollars after struggling for several days to reclaim this important resistance zone. The price movement remains uncertain and the buyers must show strength to avoid a deeper correction. Regaining the range of 132 dollars–135 dollars is very important as it could confirm short term momentum and signal the start of a recovery.

To establish a higher level and change the current downward trend structure, SOL must push above the $150 mark. This zone has acted as a strong rejection point in previous attempts and is the next major test for continued bullishness. A clear breakout above this level could pave the way towards higher targets and renewed investor confidence. However, if the bulls cannot defend the support level of 125 dollars, Solana may be at risk of falling back to the lower demand zone around 100 dollars—or even potentially lower, depending on broader market conditions. Macroeconomic instability, ongoing trade tensions between the United States and China, and the general weakness of altcoins are all factors contributing to significant pressure on the price of SOL. Currently, traders are closely monitoring the $135 level. A breakthrough above this important threshold could change the game in favor of Solana. Until then, caution is still required.