## Solana Breaks Technical Stall as Bullish Momentum Signals Emerge on Intraday Charts



**Current Market Snapshot**

Solana (SOL) is currently trading at $134.01, reflecting a pullback of 5.70% over the past 24 hours. The session has ranged between a high of $143.25 and a low of $130.00, establishing critical boundaries for near-term price action. Despite the intraday weakness, the asset remains above the historically significant $130.00 support level, which has repeatedly arrested downward pressure in recent trading sessions.

**The Bullish Divergence Phenomenon Taking Shape**

One of the most compelling technical signals emerging is the **bullish divergence forming on the 8-hour timeframe**. This divergence—characterized by lower prices coupled with rising momentum indicators—suggests growing buyer strength beneath the surface. While SOL trades near intraday lows, the momentum thrust evident in oscillators indicates potential mean-reversion or accumulation phase. This technical setup has become the focal point for traders reassessing the validity of the longer-term downtrend.

**Support and Resistance Architecture**

The $130.00 level has evolved into the primary support zone, having been tested multiple times without breaching. This floor provides traders with a measurable point of reference for risk management. Immediately above, resistance clusters around the $138 trendline—a descending line that has effectively capped rallies for several weeks. Between these two extremes, the immediate trading corridor operates between $130.00 and $143.25, confining price oscillations within a relatively narrow band.

**Breaking the Downtrend Requires Decisive Action**

For bulls to regain genuine control, SOL must decisively reclaim the $138 trendline resistance. This threshold represents more than just a price level; it symbolizes the technical boundary between the established downtrend and a potential momentum shift. Price action above this mark would materially increase odds for a sustained recovery, while remaining below it keeps SOL structurally confined within the broader declining pattern.

**What Traders Should Monitor**

The confluence of support at $130.00 and the emerging 8-hour **bullish divergence** creates a technical setup worth close attention. A bounce from current support levels combined with trendline confirmation would validate the divergence signal. Conversely, a decisive break below $130.00 would negate the bullish setup and expose lower support structures. The coming sessions will determine whether this intraday technical signal translates into breakout potential or continues to be frustrated by the $138 resistance ceiling.
SOL-3,37%
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