Hold onto your hats, folks, because Solana’s price is back in action, breaking free from the general market snooze-fest and charging ahead like it’s been drinking Red Bull. After a series of “ugh” moments, buyers are finally stepping in with that oh so confident energy.
Solana Price: Like a Phoenix, But Cooler
Okay, let’s get real. Solana’s price is absolutely crushing it right now, leading the charge in the crypto recovery game. In fact, it’s posting one of the most impressive 24-hour rebounds, while most of the other big-name assets are still lagging behind. It’s like that one kid who finishes their homework first and then gets extra credit for doing it on time.

Breaking above $140? Yeah, that’s a sign of serious recovery vibes after weeks of the market throwing a tantrum. With Solana climbing up the ranks, the so-called “Solana Floor” is rethinking if this is the start of a major momentum reset. (Spoiler: it probably is.)
Technical Signals Are Leaning Bullish…For Now
On-chain data and the charts are both giving us the green light. $130 is looking like the new “I’m not going anywhere” zone, acting as a solid floor. Buyers have been jumping in here, and the sell-off attempts? Total fail. This could mean the bears are running out of steam (finally).

More good news: the network volume is sky-high, staking activity is up, and long-term holders are just stacking more SOL like it’s going out of style. All this technical goodness is raising the chances of Solana blasting its way back to that $180-$200 range if the momentum holds.
Is Solana Turning Into a Bull? Watch the RSI
Grab your popcorn because there’s a daily bullish divergence happening. The price is forming lower lows, but the RSI? It’s curling up like a yoga pro. This is usually the kind of pattern you see near the bottom of a market, so it’s looking like Solana’s about to hit a rebound party.
Here’s the fun part: the next major zones to watch are $150, $175, and the golden $200. And according to the chart, we might just be seeing a smooth “rounded bottom” between $132 to $139. Sounds cozy, right?
As long as Solana’s price can hold onto the $135 support, this whole setup looks like a winner.

SOL Is Gaining on ETH and BNB (But Don’t Tell Them)
Crypto analyst TraderSZ is all over this one, noting that Solana is slowly but surely making moves against the big dogs, ETH and BNB. The SOL/ETH ratio has bounced from a multi-month floor, which means Solana might just be gearing up to steal the spotlight.

And if Solana breaks above the 0.046-0.047 level on the SOL/ETH pair, we’re talking about a full-on dominance move. It’s like watching a freshman athlete start running circles around the seniors. SOL/BNB is also showing signs of life, so buckle up.
Liquidity’s Lurking Between $170-$200 (And It’s Hungry)
Here’s the juicy bit: heatmap data is showing that the major downside liquidity has been wiped out during the latest sell-off. Now, the next big cluster of liquidity is sitting pretty between $170 and $200, just waiting for Solana to come and visit. The upside potential is looking real tasty right now.

And here’s why that’s important: this range is filled with heavy orders, past inefficiencies, and a bunch of stop-loss pockets. So, if the market shows any signs of life, Solana could get sucked up into this zone like it’s the Bermuda Triangle of crypto.
Final Thoughts: Solana’s Making Moves
So, what’s the verdict? Solana’s latest rebound is looking pretty solid. The $130-$140 zone is proving to be a reliable support level, on-chain metrics are showing promise, and liquidity is stacked between $170 and $200 like it’s a buffet. If Solana continues to outperform the other majors, hitting that $180-$200 range seems more like a when than an if.
But don’t get too comfy just yet; we’re still in the early days of this recovery. If this upward trend continues, however, we could be in for some serious gains. Just make sure you’re ready to hang on for the ride. 🚀
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2025-11-20 00:28