Solana SOL turns bullish: SuperTrend buy points to $100
Solana SOL is showing fresh bullish signs after indicators flipped on higher timeframes. On the 3-day chart, a SuperTrend buy signal appeared—its first since Oct. 10—after a deep sell-off and a roughly 74% correction. Traders typically interpret the SuperTrend trailing stop moving below price as momentum shifting toward buyers.
The next upside level highlighted by analysts is $100. The bullish thesis depends on follow-through: if SOL holds above the new SuperTrend support, a larger recovery toward $100 becomes more likely. If price fails and falls back below that support, the setup weakens.
On the weekly chart, another analyst flags bullish RSI divergence near the end of a corrective phase (end of wave C in an Elliott Wave count). Earlier bearish RSI divergence was seen near previous wave highs (waves 3 and 5), which often warns of topping risk. The current divergence suggests selling pressure may be fading, potentially positioning SOL for longer-term accumulation before a bigger upside move.
Key names cited: Ali Charts (SuperTrend levels) and TraderJB (RSI divergence / wave structure). For traders, this news is mainly a technical trigger: watch SOL’s ability to hold the SuperTrend support and confirm upside momentum before targeting $100.
Bullish
This article is fundamentally a technical setup for Solana (SOL). The 3-day SuperTrend flipped to a buy state for the first time since Oct. 10, after a ~74% correction—an event that historically often precedes short-term trend recovery when price holds the new support. The weekly bullish RSI divergence near the end of a larger corrective structure adds a longer-term tailwind, suggesting downside momentum may be fading.
For short-term traders, the immediate trigger is whether SOL can stay above the new SuperTrend support and build follow-through toward $100. Failure to hold that level would likely trigger profit-taking and renewed selling (a common pattern when reversals don’t confirm). For long-term holders, if the wave structure is correct and SOL continues to accumulate after the correction, it could set up a larger upside leg.
Similar past price actions with indicator flips and divergence confirmations typically show: (1) an early reversal attempt, followed by (2) confirmation via higher highs / sustained support holds. Without confirmation, these signals can revert quickly—so the bias is bullish, but confirmation risk remains.