Solana Price Shows Bearish Divergence at $146 as Breakdown Risk Builds

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Solana Technical Analysis: Bearish Divergence Signal

Solana (SOL) is flashing bearish divergence at the $146 range-high resistance, signaling weakening momentum and increasing the probability of a pullback toward lower range support levels.

Key Technical Points

Solana is currently capped beneath $146 range-high resistance. The price has printed a bearish divergence, where price shows a higher high while momentum indicators such as RSI print a lower high or lower reading, signaling that upside strength is fading even as price attempts to extend.

Bearish divergence occurs when upside momentum is being driven by fewer participants, or when buyers are losing strength as they approach a key supply area. In Solana’s case, this divergence has formed cleanly near the $146 resistance zone. While price can still push higher briefly after divergence forms, the signal highlights increasing vulnerability to rejection once selling pressure enters.

The fact that Solana has been unable to reclaim $146 and is printing divergence at that level strengthens the bearish case. It suggests the market is struggling to sustain continuation and that sellers are likely defending the range high.

$146 Range High Resistance Remains the Key Ceiling

From a market-structure perspective, the $146 level remains a decisive level. Range highs act as major resistance boundaries in consolidation environments, and repeated failure to reclaim the upper boundary often results in rotational moves lower.

Solana’s inability to close above $146 reinforces the idea that supply is present at higher prices. In strong breakout conditions, price typically clears resistance with impulsive candles and expanding volume. When price stalls and prints weakening momentum signals instead, it often suggests the move higher is running out of fuel.

As long as SOL remains below this resistance, the breakout probability decreases and the likelihood of another corrective rotation increases.

Point of Control is the Key Breakdown Trigger

The next major level that determines downside continuation is the Point of Control (POC). The POC represents the price level at which the greatest volume has traded within the range. It often acts as a pivotal balance point: when price holds above it, structure remains more stable; when price breaks below it, downside continuation becomes more likely.

For Solana, a break below the POC would confirm that value is shifting lower and would strengthen the bearish divergence signal. If Solana loses the POC on a closing basis, it would solidify the idea that buyers are losing control and that the market is transitioning from range resistance into range rotation lower.

Downside Target: $117 High-Time-Frame Support

If the POC breaks, the next major downside objective becomes the $117 high-time-frame support, which aligns with the lower boundary of the broader trading range. This level represents the next area where demand is likely to step in and where the market may attempt to stabilize.

A rotation toward $117 would be consistent with Solana remaining within the range it has traded in for the past few months. Range structures often cycle between resistance and support multiple times before a decisive breakout occurs. With divergence printing at the top of the range, a move toward range support becomes the more natural technical expectation.

It is important to note that a move to $117 does not automatically imply macro bearish continuation. Instead, it would reflect the market’s tendency to rotate and rebalance within the range until a strong breakout occurs, supported by volume and directional acceptance.

What to Expect in the Coming Price Action

In the near term, Solana’s bearish divergence at $146 indicates that upside momentum is weakening and rejection risk is rising. If SOL remains capped below range-high resistance and breaks below the Point of Control, the probability increases for a deeper corrective move toward $117 support.