As of January 28, 2026, Solana (SOL) is navigating a consolidation phase, currently trading around $124-$126. While the long-term outlook remains bullish due to steady ETF inflows and ecosystem growth, the short-term chart shows a battle between a triangle structure reversal and persistent EMA resistance.

Possible Next Move

Market indicators suggest a breakout attempt is imminent. If SOL can decisively close a 4-hour candle above the $128.50 pivot, it is expected to rally toward $132–$144. However, failure to flip this resistance could lead to another rotation back to the psychological support at $118.

Professional Trading Zones

Professional traders are currently focusing on these high-liquidity areas for entries and exits:

Zone Type,Price Level,Significance
Primary Buy Zone,$116 – $118,"Major historical support; the ""fail-safe"" for the current trend."
Immediate Resistance,$128.45 – $129,The key pivot level; a break here confirms short-term bullishness.
Primary Sell Zone,$144 – $150,Mid-range target where traders typically take profits or expect rejection.
Secondary Sell Zone,$165 – $171,Major supply cluster; requires high volume to breach.
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