Technical Analysis

SOL Support and Resistance Levels: Critical Points for January 22, 2026

SOL

SOL/USDT

$129.80
+1.90%
24h Volume

$5,302,108,140.08

24h H/L

$132.17 / $125.26

Change: $6.91 (5.52%)

Long/Short
80.9%
Long: 80.9%Short: 19.1%
Funding Rate

-0.0041%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$129.78

0.19%

Volume (24h): -

Resistance Levels
Resistance 3$146.8621
Resistance 2$136.6845
Resistance 1$132.975
Price$129.78
Support 1$128.7833
Support 2$124.705
Support 3$116.88
Pivot (PP):$129.9767
Trend:Downtrend
RSI (14):43.5
EK
Emre Kaya
(03:49 AM UTC)
4 min read
923 views
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SOL is currently trading at $129.75 and is positioned close to critical supports in the short-term downtrend. The strong buyer region around $128.78 is being tested, and in case of a breakdown, a liquidity hunt towards $124.70 is possible.

Current Price Position and Critical Levels

SOL traded in the $125.26-$132.17 range with a 1.64% rise over the last 24 hours, and the current price is $129.75. The overall structure remains in a downtrend; the price continues to stay below EMA20 ($135.17) and RSI is at 43.50 in the neutral-bearish zone. The Supertrend indicator is giving a bearish signal, with resistance at $147.97. 10 strong levels were identified across multiple timeframes (1D/3D/1W): 2 supports/2 resistances on 1D, 1 support/3 resistances on 3D, 1 support/3 resistances confluence on 1W. This indicates the price has further downside potential, but there is strong buying confluence at the $128.78 support. Volume supports at $5.29B, but short positions look advantageous as long as the downtrend continues. The price tested $132.17 in the recent rally but was rejected, and a drop is expected after liquidity collection.

Support Levels: Buyer Regions

Primary Support

$128.7833 (Strength Score: 69/100) – This level stands out with order block confluence from 1D and 3D timeframes. Historically tested three times in December 2025, rejected each time with strong volume spikes (average 2-3% bounce). It also aligns with 1W EMA50, where liquidity pools are concentrated – ideal spot for stop hunts. As price approaches here, buyers have high potential to step in; monitor breakdown below $128.50 for invalidation, otherwise a short squeeze could be triggered.

Secondary Support and Stop Levels

$124.7050 (Strength Score: 68/100) – Secondary support comes from 1D supply/demand zone and Fibonacci 0.618 retracement. Held twice since the January 2026 lows, with positive delta in volume profile (buyer dominance). Functions as a breaker block on 3D timeframe. Invalidation below $124.00; a break here opens the downside target to $91.85, with R/R ratio over 1:3. Liquidity target around $125.00 for stop-losses, where big players may add shorts.

Resistance Levels: Seller Regions

Near-Term Resistances

$132.9750 (Strength Score: 66/100) – Near-term resistance at confluence of last 24h high ($132.17) and 1D EMA20. Confirmed by historical pinbar rejections (three tests, average 1.5% drop). Seller imbalance visible in volume; $133.50+ close required for breakout. If no break, short opportunities form here.

Main Resistance and Targets

$136.6845 (Strength Score: 68/100) – Main resistance from premium array and order block on 1W and 3D timeframes. Fills fair value gap from November 2025 rally, rejected four times (strong volume rejection). Upside target extends to $162.90 but low probability under bearish Supertrend. Invalidation above $137.00; passing here signals trend change.

Liquidity Map and Big Players

Big players (smart money) are collecting liquidity below $128.78 support – $128.50 target for stop hunts. Above, sell-side liquidity pool between $133.00 and $137.00, trap for breakout fakeouts. 1W structure continues downtrend, sweep to $124.70 expected after displacement. Volume profile POC at $130.50, imbalance downward from here. Institutions increasing SOL shorts with rising BTC dominance; $91.85 downside liquidity target.

Bitcoin Correlation

BTC at $89,814 and in downtrend (24h +0.50%), key supports $89,916/$88,396. SOL correlates 0.85% with BTC; if BTC breaks $89,916, SOL dragged to $124.70. If BTC resistances $90,408/$92,445 cleared, SOL rally to $133.00 possible, but BTC Supertrend bearish – caution for altcoins. BTC dominance rise pressures SOL, $86,637 BTC support critical threshold.

Trading Plan and Level-Based Strategy

Bearish bias: Short $128.78 after $132.97 rejection (target $124.70, stop $133.50). Bullish scenario: Long $132.97 on $128.78 bounce (target $136.68, stop $128.00). Target R/R 1:2+. Detailed data for SOL Spot Analysis and SOL Futures Analysis. This outlook is price action based; risk management essential (position risk 1-2%).

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Trading Analyst: Emily Watson

Short-term trading strategies expert

This analysis is not investment advice. Do your own research.

EK
Emre Kaya

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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