Fast execution, robust charts, clean risk controls.
👉 Open account →
COINOTAG recommends • Exchange signup
🚀 Smooth orders, clear control
Advanced order types and market depth in one view.
👉 Create account →
COINOTAG recommends • Exchange signup
📈 Clarity in volatile markets
Plan entries & exits, manage positions with discipline.
👉 Sign up →
COINOTAG recommends • Exchange signup
⚡ Speed, depth, reliability
Execute confidently when timing matters.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 A focused workflow for traders
Alerts, watchlists, and a repeatable process.
👉 Get started →
COINOTAG recommends • Exchange signup
✅ Data‑driven decisions
Focus on process—not noise.
👉 Sign up →
The price fell below the $24.00 and $23.50 levels. Bears pushed the price below the 50% Fib retracement level of the rise from the $18.75 low to $24.77 high.
The first major resistance is near $22.50. A clear move above the $22.50 resistance could send the price towards the $23.50 resistance.
The initial major support is near $20.30. If there is a close below the $20.30 support, the price might drop towards the $20.00 support.
Solana’s price failed to initiate an upward move above the $25 resistance level: What does SOL price need for a resurgence?
Solana Price Initiates Decline from Resistance Level
After a steady increase, Solana struggled to surpass the $25 resistance area. SOL formed a peak at $24.77 and recently started a new decline.
The price fell below the $24.00 and $23.50 levels. Bears pushed the price below the 50% Fib retracement level of the rise from the $18.75 low to $24.77 high. Additionally, there is a significant bearish trend line forming with resistance near $22.00 on the 4-hour chart of the SOL/USD pair.
COINOTAG recommends • Professional traders group
💎 Join a professional trading community
Work with senior traders, research‑backed setups, and risk‑first frameworks.
👉 Join the group →
COINOTAG recommends • Professional traders group
📊 Transparent performance, real process
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing.
👉 Get access →
COINOTAG recommends • Professional traders group
🧭 Research → Plan → Execute
Daily levels, watchlists, and post‑trade reviews to build consistency.
👉 Join now →
COINOTAG recommends • Professional traders group
🛡️ Risk comes first
Sizing methods, invalidation rules, and R‑multiples baked into every plan.
👉 Start today →
COINOTAG recommends • Professional traders group
🧠 Learn the “why” behind each trade
Live breakdowns, playbooks, and framework‑first education.
👉 Join the group →
COINOTAG recommends • Professional traders group
🚀 Insider • APEX • INNER CIRCLE
Choose the depth you need—tools, coaching, and member rooms.
👉 Explore tiers →
SOL is currently trading below $22.00 and the 100 simple moving average (4-hour). Like Bitcoin and Ethereum, SOL is showing bearish signs below $22.00.
However, bulls are currently protecting the $21.00 support. This is close to the 61.8% Fib retracement level of the rise from the $18.75 low to $24.77 high. To the upside, the immediate resistance is near the $22.00 level and close to the trend line.
COINOTAG recommends • Exchange signup
📈 Clear interface, precise orders
Sharp entries & exits with actionable alerts.
👉 Create free account →
COINOTAG recommends • Exchange signup
🧠 Smarter tools. Better decisions.
Depth analytics and risk features in one view.
👉 Sign up →
COINOTAG recommends • Exchange signup
🎯 Take control of entries & exits
Set alerts, define stops, execute consistently.
👉 Open account →
COINOTAG recommends • Exchange signup
🛠️ From idea to execution
Turn setups into plans with practical order types.
👉 Join now →
COINOTAG recommends • Exchange signup
📋 Trade your plan
Watchlists and routing that support focus.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Precision without the noise
Data‑first workflows for active traders.
👉 Sign up →
SOL/USD 4H Chart
The first major resistance is near $22.50. A clear move above the $22.50 resistance could send the price towards the $23.50 resistance. The next major resistance is around the $24.00 level. Further gains could send the price towards the $25.00 level.
Could There Be More Losses in SOL?
If SOL fails to recover above the $22.00 resistance, it might continue to decline. The initial downside support is near $21.00.
COINOTAG recommends • Traders club
⚡ Futures with discipline
Defined R:R, pre‑set invalidation, execution checklists.
👉 Join the club →
COINOTAG recommends • Traders club
🎯 Spot strategies that compound
Momentum & accumulation frameworks managed with clear risk.
👉 Get access →
COINOTAG recommends • Traders club
🏛️ APEX tier for serious traders
Deep dives, analyst Q&A, and accountability sprints.
👉 Explore APEX →
COINOTAG recommends • Traders club
📈 Real‑time market structure
Key levels, liquidity zones, and actionable context.
👉 Join now →
COINOTAG recommends • Traders club
🔔 Smart alerts, not noise
Context‑rich notifications tied to plans and risk—never hype.
👉 Get access →
COINOTAG recommends • Traders club
🤝 Peer review & coaching
Hands‑on feedback that sharpens execution and risk control.
👉 Join the club →
The first major support is near $20.30. If there is a close below the $20.30 support, the price might drop towards the $20.00 support. In this case, there is a short-term risk of more downsides, and the price could drop towards the $18.80 support.
Technical Indicators
4-Hours MACD – The MACD for SOL/USD is gaining pace in the bearish zone.
4-Hours RSI (Relative Strength Index) – The RSI for SOL/USD is currently below the 50 level.
Major Support Levels – $21.00 and $20.30.
Major Resistance Levels – $22.00, $22.50, and $24.00.