Solana price is consolidating near a key $135 zone, with participants watching closely to see whether this structure evolves into a sustained recovery or a deeper corrective phase. Solana price is entering a technically sensitive phase as price stabilizes near the $135 region following weeks of volatile movement. Solana’s recent behavior has been constructive despite ongoing consolidation. Price continues to defend a strong support base around the $125–$130 zone, an area that has repeatedly absorbed sell pressure.
Elja’s roadmap outlines a potential path towards $145 and, if structure improves, an extension towards the $180 to $190 region. Solana holds firm above the $125–$130 base as higher lows form beneath resistance, keeping the recovery path towards $145 and beyond technically intact. The projection is not based on momentum alone but on how liquidity has been distributed across recent swings. Price has begun forming higher lows while compressing beneath a wide overhead imbalance zone, reflecting accumulation provided support remains intact.
Technically, the structure improves above $140, where previous breakdowns occurred. Acceptance above this zone would open the door towards the $155 to $165 band, followed by the broader $180. James Easton highlighted that SOL’s velocity RSI has returned to historically low levels. The last time this metric reached similar conditions, Solana rallied from roughly $95 to over $250.
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