{"id":85962,"date":"2026-04-25T06:33:11","date_gmt":"2026-04-25T06:33:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=85962"},"modified":"2026-04-25T06:33:11","modified_gmt":"2026-04-25T06:33:11","slug":"solana-sol-sits-at-a-no-trade-zone-as-a-huge-move-looks-imminent-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=85962","title":{"rendered":"Solana (SOL) Sits at a \u2018No Trade\u2019 Zone as a Huge Move Looks Imminent: Analyst"},"content":{"rendered":"
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Solana\u2019s native token has been trading in a tight range recently and remains suppressed below $100 due to ongoing bearish sentiment and macro headwinds.<\/p>\n

According to one popular analyst, though, this might be the calm before the storm, predicting an explosive move in the short term.<\/p>\n

Buckle up<\/h2>\n

As of this writing, SOL is worth around $86 (per CoinMarketCap\u2019s data), after forming a local bottom at roughly $77 in February and a local top at $94 a month later. One person who touched on the asset\u2019s performance is Ali Martinez, describing<\/a> anything within that range as a \u201cno trade\u201d zone.<\/p>\n

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\u201cChasing candles inside this consolidation often leads to being chopped up,\u201d he added.<\/p>\n<\/blockquote>\n

Moreover, the analyst claimed that SOL\u2019s Bollinger Bands have squeezed on the 3-day chart. The indicator, developed by John Bollinger, uses a moving average with two channels above and below it. These bands widen when the market gets volatile and tighten when things calm down.<\/p>\n

Extreme squeeze is usually seen as a precursor of a major move, which can happen at any time. It is important to note that the direction remains unclear, meaning that a sudden crash is also in the cards.<\/p>\n

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\u201cThis high-timeframe squeeze could act like a coiled spring. The longer the price stays in here, the more energy it builds for the eventual breakout,\u201d Martinez concluded.<\/p>\n<\/blockquote>\n

Earlier this week, Bitcoin\u2019s Bollinger Bands squeezed<\/a> as never before on a monthly scale. That said, it will be interesting to follow whether SOL and BTC will break out in tandem in the near future.<\/p>\n

Mixed Signals From These Metrics<\/h2>\n

Over the past few weeks, a noticeable amount of SOL has flowed from self-custody to centralized crypto exchanges. This development is typically considered a pre-sale step and could serve as a warning for impending correction.<\/p>\n

\"SOL<\/a>
SOL Exchange Netflow, Source: CoinGlass<\/figcaption><\/figure>\n

At the same time, Solana\u2019s Relative Strength Index (RSI) remains quite close to the bullish zone of 30 on a weekly scale. The technical analysis tool measures the speed and magnitude of recent price changes to give traders a potential idea about reversal points. It runs from 0 to 100, where readings below 30 signal the asset is oversold and due for a resurgence, while anything above 70 are interpreted as bearish territory.<\/p>\n

\"SOL<\/a>
SOL RSI, Source: Crypto Waves<\/figcaption><\/figure>\n

The post Solana (SOL) Sits at a \u2018No Trade\u2019 Zone as a Huge Move Looks Imminent: Analyst<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Solana\u2019s native token has been trading in a tight range recently and remains suppressed below $100 due to ongoing bearish sentiment and macro headwinds. According to one popular analyst, though, this might be the calm before the storm, predicting an explosive move in the short term. Buckle up As of this writing, SOL is worth […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-85962","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/85962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85962"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/85962\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}