Solana’s recent rally has stalled, with the token now testing critical support levels following a sharp downturn that dragged the price below its primary uptrend line. Analysts at MakroVision warn that the market structure is showing signs of exhaustion, leaving the asset vulnerable to deeper corrections.
The recent sell-off briefly pushed SOL as low as $173. The immediate focus is on the narrow support zone between $192 and $188.
- Bullish Scenario: If buyers successfully defend the $192–$188 range, a rebound toward $204 or $223 is possible.
- Bearish Scenario: Failure to hold this critical zone would likely send prices down to the $159 area, where strong demand was previously observed.
MakroVision describes Solana’s chart as “structurally weak,” noting that momentum indicators do not yet confirm a major recovery. However, the firm maintains that the broader uptrend for 2025 is not completely broken, provided the crucial $190 region holds. The token’s performance in the coming days will be decisive for its short-term trajectory.
October 2025, Cryptoniteuae
