Home / Analysis / Crypto / Technical Analysis / Solana (SOL) Price Likely to Remain Below $95 as Trump Threatens Action If Iran Fails to Comply With Ceasefire Deal
Solana price setup could remain bearish | Credit: Hameem Sarwar
Share
Key Takeaways
Solana’s price remains under pressure due to renewed geopolitical tensions.
Price is range-bound between the $78 support and the $92 resistance.
A breakout above resistance could drive gains, but bears have the upper hand.
Solana (SOL) is facing renewed pressure. The price is struggling amid a return of geopolitical uncertainty.
The issue is not purely technical; it is also driven by macro developments. U.S. President Donald Trump has warned that action could follow if Iran fails to comply with the terms of the ceasefire agreement.
This statement has reintroduced risk into global markets. But what does it mean for Solana’s price in the short term?
Why Solana Has Retraced Again
Just days ago, the announcement of a temporary ceasefire helped lift crypto prices. Bitcoin and major altcoins, including SOL, moved higher as investor sentiment improved.
However, that optimism is now fading. Markets are beginning to reassess the situation.
This is largely because Israel did not follow the terms of the ceasefire, and Iran has threatened to keep striking if the other party does not stop.
In response, Trump has ensured that US military ships and personnel are close to Iran until it complies with the ceasefire deal.
“All U.S. Ships, Aircraft, and Military Personnel, with additional Ammunition, Weaponry, and anything else that is appropriate and necessary for the lethal prosecution and destruction of an already substantially degraded Enemy, will remain in place in, and around, Iran, until such time as the REAL AGREEMENT reached is fully complied with,” Trump posted on Truth Social.
4-Hour Analysis
Amid the development, Solana’s price remains in a choppy, range-bound market, repeatedly failing to sustain breakouts and forming short-term bearish structures.
Within this range, the price action shows a pattern of repeated lower highs, highlighted by multiple descending channels.
Each rally has been followed by a breakdown, confirming that sellers are still active on strength.
The latest move reflects this behavior again. Solana’s price recently pushed toward the $85 zone but quickly formed another lower high and began pulling back.
This keeps the short-term structure tilted bearish despite the broader sideways trend.
Momentum indicators show indecision. The MACD is hovering near the zero line, with no strong directional signal.
This aligns with the lack of a sustained trend, as both buyers and sellers struggle to take control.
By the look of things, the key upside level to watch is $87. A break above this zone would be the first sign of strength and could open the door toward $92.
However, given the repeated rejections, this level is likely to act as resistance again unless momentum improves.
On the downside, support sits near $78. A breakdown below this level would confirm a bearish continuation and could push SOL’s price toward the mid-$70s.
SOL Price Outlook: No Breakout Here
Looking at the daily chart, Solana’s price is showing signs of compression.
After a sharp decline of nearly 47%, SOL’s price has stabilized and is now forming a tightening structure between rising support and descending resistance.
This creates a symmetrical triangle, often a precursor to a strong directional move.
As it stands, the Solana price is currently trading around $82, just below the key resistance at $86 (0.236 Fib).
This level is critical. A breakout above it would signal a shift in structure and could open the door toward $98 and potentially $108.
However, momentum remains weak for now. The Bull-Bear Power (BBP) is still negative, indicating that sellers have not fully exited the market.
This suggests that upside attempts may face resistance unless buying pressure increases. On the downside, support sits near $78 and $80.
A breakdown below this zone would invalidate the compression structure and likely push the price toward $70. In a highly bearish scenario, it could drop to $67.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
