Rebeca Moen
Jan 09, 2026 08:05
Solana trades at $138.95 with analysts forecasting $150 targets. Technical analysis reveals key resistance at $142 could unlock 8% upside potential within weeks.
Solana’s price action at $138.95 has captured analyst attention, with multiple forecasting firms converging on similar targets. This SOL price prediction examines the technical landscape and analyst consensus to determine whether Solana can break through critical resistance levels in the coming weeks.
SOL Price Prediction Summary
• SOL short-term target (1 week): $146 (+5.1% from current levels)
• Solana medium-term forecast (1 month): $150-$155 range
• Key level to break for bullish continuation: $142.52 immediate resistance
• Critical support if bearish: $129.10 strong support zone
Recent Solana Price Predictions from Analysts
The analyst community shows remarkable consistency in their Solana forecast for January 2026. Changelly’s $146.76 target aligns closely with our technical resistance at $146.10, while Polymarket’s 65% probability of reaching $150 reflects growing market confidence. TradingNEWS emphasizes the importance of the $129 breakout level, which our technical analysis confirms as a critical pivot point.
The consensus among four major forecasting platforms points to SOL price targets between $146-$150 in the short term, with The Motley Fool’s Alex Carchidi taking a more aggressive stance at $200 by year-end. This convergence suggests institutional confidence in Solana’s near-term price trajectory.
SOL Technical Analysis: Setting Up for Bullish Breakout
Current Solana technical analysis reveals a compelling setup. With SOL trading at $138.95, the token sits above key moving averages including the 7-day SMA ($137.17) and 20-day SMA ($129.16). However, the 200-day SMA at $172.83 indicates the longer-term trend remains below historical highs.
The RSI reading of 60.65 positions SOL in neutral territory with room for upward movement before reaching overbought conditions. More concerning is the MACD histogram at 0.0000, suggesting weakening momentum despite the recent 2.24% daily gain.
Solana’s position at 0.8785 on the Bollinger Bands indicates proximity to the upper band resistance at $142.09. This technical confluence with analyst SOL price targets suggests a critical test approaching.
Solana Price Targets: Bull and Bear Scenarios
Bullish Case for SOL
The bullish Solana forecast hinges on breaking the immediate resistance cluster between $142-$146. Success here opens the path to the analyst consensus target of $150, representing an 8% gain from current levels.
The $455 million in 24-hour volume provides adequate liquidity for this move, while the defensive action around the $132.67 daily low demonstrates buyer interest. If SOL can establish $142 as support, the next resistance doesn’t appear until $150, creating a clear runway for appreciation.
Bearish Risk for Solana
The primary risk to our SOL price prediction lies in a breakdown below the $134.02 immediate support. Such a move would target the strong support zone at $129.10, coinciding with the 20-day moving average.
A decisive break below $129 would invalidate the bullish thesis and potentially target the lower Bollinger Band at $116.22. The MACD’s neutral reading provides little momentum cushion for such a decline.
Should You Buy SOL Now? Entry Strategy
Current levels near $139 offer a reasonable entry point for those bullish on our Solana forecast. However, more aggressive traders might wait for a pullback to the $134-$135 support zone for better risk-reward positioning.
For those asking “buy or sell SOL,” the technical picture suggests cautious accumulation with tight risk management. Place stop-losses below $132 to limit downside exposure while targeting the $146-$150 resistance cluster.
Position sizing should remain conservative given the neutral MACD reading and proximity to Bollinger Band resistance.
SOL Price Prediction Conclusion
Our SOL price prediction targets $150 by the end of January 2026 with medium confidence. The convergence of analyst forecasts around this level, combined with Solana technical analysis showing supportive momentum indicators, creates a favorable setup.
Key levels to monitor include the $142.52 immediate resistance for bullish confirmation and the $129.10 support for bearish invalidation. The timeline for this prediction spans 2-3 weeks, with initial resistance tests likely within the next week.
The SOL price target of $150 represents a measured move based on current technical structure and analyst consensus, though traders should remain vigilant of the weakening MACD momentum that could challenge this bullish Solana forecast.
Image source: Shutterstock
Source: https://blockchain.news/news/20260109-price-prediction-sol-targeting-150-by-end-of-january
