SOL recently has been quite interesting. The $144 level was strongly rejected, and now it’s fluctuating above and below $140. From a technical perspective, a local top formation is indeed taking shape, and in the short term, attention should be paid to the $128-130 range—this is not only a key support but also an unfilled FVG gap, which is likely to be tested again.
What’s more intriguing is the structural logic. Solana may be forming an inverse head and shoulders pattern, with November and December corresponding to the left shoulder and head, respectively, and $145 serving as the neckline. The recent pullback likely hints that the right shoulder is about to start—initially dipping lower, then initiating a breakout.
But don’t be too pessimistic; the bulls are still active. Many analysts in the industry expect that if SOL can regain and hold above $143, it could open up room toward $152 and even $171.55; conversely, if it falls below $133, it indicates that more consolidation is needed, requiring more time to build a bottom.
Overall, this is currently short-term consolidation and shakeout, with the medium-term trend still intact. The key is to grasp the rhythm well.
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MEVVictimAlliance
· 01-13 04:05
This barrier at 144 really can't be broken through no matter what, give it a rest.
Only when I return to 128 do I feel like I can breathe a sigh of relief.
Head and shoulders pattern? I think it looks more like a dull knife cutting meat.
Failing to hold at 143 is another empty attempt, so frustrating.
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BearMarketSurvivor
· 01-13 03:21
144 was smashed down hard, indicating significant pressure here. The key is to hold the 128-130 range; otherwise, the supply line will be cut off.
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Inverse head and shoulders? I've seen this pattern many times; it appears at both bottoms and tops with roughly the same probability. The key is whether the trading volume cooperates.
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The 143 line must truly hold steady to be meaningful; otherwise, it's just bluffing. Historically, false breakouts like this have trapped too many people.
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171.55? Don't think too far ahead; surviving and making it out is the top priority.
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The medium-term trend hasn't changed? I doubt it; I need to see the complete monthly chart before making a judgment.
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Is this a shakeout before the main upward wave, or a correction? I can't tell the difference, so it's better to stay in cash and not hold positions.
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Breaking below 133 means you need to continue accumulating strength? Sounds good, but in reality, many coins step by step accumulate to zero this way.
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Short-term volatility really annoys me; this kind of market is most likely to swing face to face. Wait for clear breakout signals before acting.
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Talking about rhythm is easy, but when it comes to execution, the mentality collapses. My experience is that stop-loss is always more important than prediction.
View OriginalReply0
TokenomicsPolice
· 01-10 19:21
$144 was rejected with a bang, hilarious, this is SOL
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128-130, do we really need to hold? Feels like it wouldn't be surprising if it goes down
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Inverse head and shoulders? Alright, waiting for the right shoulder to appear again... Can it break the neckline this time?
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Only dare to think about $152 after standing firm at $143, it's too early to say these now
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Shakeout consolidation? Or should I say, more politely... Let's talk after testing $128
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Are the bulls still active? Then why is it continuously falling? I don't see it
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The key is to grasp the rhythm, that's what they say, but who the hell can really do it?
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FVG gap is about to be tested again... Is SOL planning to step on all the traps?
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I just want to know if $133 will break or not, stop with those patterns
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If it holds at $143, I might believe in the bulls. But now, all talk is useless
View OriginalReply0
NFTArtisanHQ
· 01-10 06:50
honestly the inverse head and shoulders reads more like a derrida-esque deconstruction of market narratives than actual price action... but the fvg gap logic is kinda compelling from a technical provenance standpoint
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MoonlightGamer
· 01-10 06:50
144 got pushed down, it still depends on whether 128 can hold
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Inverse head and shoulders? Isn't that just a dip followed by a rise? Why make it so complicated
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Only believe it when 143 stabilizes, anything said before is useless
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It's either a shakeout or accumulation, I've heard it so many times but it still hasn't moved up, I really can't take it anymore
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If this wave can rise to 171, I would add double the spicy hotpot
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I always feel like the FVG gap explanation is just a post-hoc rationalization
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Is the bullish activity still active? I think the bulls are just cutting losses
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Break 133 to build a bottom? Then the bottom is deep enough, feels like it could keep building down to 100
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Honestly, short-term oscillation only has one logic: the big players are distributing
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The people trying to catch the bottom are all dead, who dares to buy now
View OriginalReply0
LiquidatedDreams
· 01-10 06:47
144 got smashed through, 143 is the real key. If it doesn't stabilize, it'll just keep plunging.
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Head and shoulders bottom heard a bunch, just want to know when I can break even.
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Why does the 128-130 level always seem to be broken every time? Will this time be different?
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Inverse head and shoulders? I just like watching analysts get proven wrong.
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Both gathering strength and building a bottom, how long is Suo Laoren going to play this game?
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If 143 can't be broken, it will have to be flattened out. Anyway, the bottom is right here.
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That target at 152 feels pretty uncertain. Just want to stay alive first.
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Washout and震荡? Everyone's saying this, so probably it will still fall further.
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Is the FVG gap theory more effective here in SOL? Feels like every time it's a counter-trend move.
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Once the right shoulder starts, it's over. I'm already tired of hearing about it.
View OriginalReply0
DegenDreamer
· 01-10 06:40
144 got brutally slapped in the face. If it drops below 133 again, I will have to consider buying the dip.
View OriginalReply0
ZkSnarker
· 01-10 06:35
nah the inverse head-and-shoulders thing is cope if we're being honest... sol's just doing sol things, bouncing between resistance and the void lol
SOL recently has been quite interesting. The $144 level was strongly rejected, and now it’s fluctuating above and below $140. From a technical perspective, a local top formation is indeed taking shape, and in the short term, attention should be paid to the $128-130 range—this is not only a key support but also an unfilled FVG gap, which is likely to be tested again.
What’s more intriguing is the structural logic. Solana may be forming an inverse head and shoulders pattern, with November and December corresponding to the left shoulder and head, respectively, and $145 serving as the neckline. The recent pullback likely hints that the right shoulder is about to start—initially dipping lower, then initiating a breakout.
But don’t be too pessimistic; the bulls are still active. Many analysts in the industry expect that if SOL can regain and hold above $143, it could open up room toward $152 and even $171.55; conversely, if it falls below $133, it indicates that more consolidation is needed, requiring more time to build a bottom.
Overall, this is currently short-term consolidation and shakeout, with the medium-term trend still intact. The key is to grasp the rhythm well.