Solana (SOL) held an uptrend attempt on the daily Coinbase chart on Jan. 8, trading near $135 after printing a series of higher lows from late December.
Price pushed off the late December base and then climbed above the short rising support line under recent candles, keeping the rebound structure intact.
At the same time, SOL defended the $129–$130 area, which now marks the nearest downside level on this setup.
However, SOL still trades around its 50 day EMA, which sits near $136. That keeps the market in a tight decision zone, because buyers need a cleaner daily hold above the moving average to show follow through, while sellers can still cap bounces near that line.
The chart also highlights $154 as the main reclaim level. SOL previously broke down from that zone, and the horizontal mark now acts as the first major resistance overhead.
If SOL reaches $154 and then holds above it on a daily basis, the chart would confirm a stronger shift back to the upside instead of a short rebound inside a broader downtrend.
Momentum signals lean supportive but not decisive. RSI (14) sits near 55, which keeps it above the 50 midline and shows improving strength, while price still needs a breakout through the higher resistance band to validate the trend change.
SOL price coils inside multi month triangle as trend decision nears
Solana (SOL) traded near the lower boundary of a long forming triangle on the Binance daily chart, as price action continued to compress ahead of a larger directional move.
The chart shows SOL respecting a rising support line that stretches back to late 2023, while a descending resistance line has capped rallies since the 2024 peak.
As a result, price has continued to print higher lows and lower highs, tightening the range and reducing volatility.
This structure keeps SOL in an uptrend on a broader timeframe, even though short term momentum remains mixed.
Price recently bounced from the lower trendline near the $125–$130 area, which confirms that buyers are still active at rising support.
However, SOL remains below the key resistance zone near $154. That level aligns with prior breakdown structure and sits inside the upper half of the triangle.
Until SOL reclaims $154 and holds it on a daily basis, the move higher remains a recovery leg rather than a confirmed continuation.
The longer price compresses inside this pattern, the more important the breakout level becomes. A daily close above $154 would signal acceptance back above former resistance and open the path toward the upper boundary of the triangle.
Until that happens, SOL stays constructive but unconfirmed, with the broader uptrend intact and the next directional signal dependent on a clean reclaim of resistance.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: January 8, 2026 • 🕓 Last updated: January 8, 2026
