Solana SOL Coils Below $90 as Weekly MACD Flips Bullish for First Time Since May 2025
Solana SOL coils near $86 as weekly MACD flips bullish, RSI hits 35, and a Bollinger squeeze tightens on the 3-day chart. April 25 setup explained.
What to Know
- SOL is changing hands near $85 to $86 after fading from a weekly top of $89, with traders watching a daily symmetrical triangle
- The weekly MACD just printed the same buy cross that preceded a 100% run in May 2025 and gains of 860% in 2023 and 617% in 2021
- Roughly 9.9 million SOL sit at an average cost of $90 to $92, a wall that any breakout has to chew through
The Solana Bollinger Bands squeeze is doing the talking this week. SOL is pinned near $85 with a weekly MACD buy signal that has not flashed since the spring of 2025, an RSI lifting off cycle lows, and a price coil that several chartists describe as the tightest setup in two years. The question is whether bulls can pry open $90 before sellers parked at break-even unload.
Weekly MACD Flips Green for the First Time Since May 2025
On the weekly chart, the MACD line has crossed back above its signal line. That is the same trigger that fired in May 2025, right before SOL doubled from roughly $125 to north of $250. Older prints of the same cross sit at the base of the 860% run in 2023 and the 617% climb in 2021.
The weekly RSI has crawled up to 35 from a battered 25 in mid-February. That is not a strong reading on its own. It is the same reading SOL printed at the absolute floor of the 2022 bear, before a 2,500% ride to $210 by March 2024. Bulls are leaning on that comparison hard.
Tyler Hill and Sixtysecondalpha: “Most Powerful Move” in Two Years
Tyler Hill put a number on it. He pointed out that SOL’s weekly RSI had slipped under 35 for the first time in 1,200 days. The last time it sank that low, he said, the print marked the bear bottom and was followed by a 3,000% rally.
Analyst Sixtysecondalpha framed the MACD cross as coming off its “lowest stretch ever,” and paired with bullish RSI divergence, called the resulting setup a coil for SOL’s “most powerful move” in two years. Two analysts. Same conclusion. Different indicators.
The Bollinger Bands are squeezing on the 3-day chart, creating a tight price range between $77 and $94. This high-timeframe squeeze could act like a coiled spring.
The Daily Triangle and the Bollinger Coil
Zoom in and the daily print shows a textbook symmetrical triangle. Breakout level: $90. A clean close above that, and the measured-move target sits near $130, roughly 50% higher than current spot. The daily RSI has already climbed to 52 from a deeply oversold 11 on February 6, which is the kind of momentum thaw bulls want before a vertical leg.
On a higher timeframe, Ali Charts flagged a Bollinger Bands tightening on the 3-day chart, with price compressed between $77 and $94. He labeled the range a “no-trade zone” and told followers to wait for a clean 3-day candle close outside the bands before doing anything. The longer SOL stays inside, the more potential energy the coil stores.
Why Does the $90 to $96 Zone Matter So Much?
Because that is where the bag-holders live. Roughly 9.9 million SOL were accumulated at an average cost of $90 to $92, according to Glassnode cost basis distribution data. Many of those coins are likely to hit the bid the moment they reach break-even, which can stall or fully cap a rally before it gets going.
The 100-day moving averages converge inside the same zone, layering trend resistance on top of the supply wall. SOL is still defending the $85 to $86 shelf as bulls push at $90. The setup is loaded. It just is not triggered yet.
Frequently Asked Questions
What is the Solana weekly MACD signal traders are watching?
The weekly MACD line has crossed back above its signal line, the same buy trigger that preceded SOL gains of about 100% in May 2025, 860% in 2023 and 617% in 2021. It is one of the longer-timeframe momentum signals analysts use to flag major trend turns.
Why is the $90 level so important for SOL right now?
$90 is the breakout level for SOL’s daily symmetrical triangle, with a measured target near $130. It also sits inside the $90 to $92 cost basis cluster where roughly 9.9 million SOL were accumulated, meaning heavy break-even selling can absorb early rally attempts.
What did Tyler Hill say about Solana’s RSI?
Tyler Hill said SOL’s weekly RSI had dropped below 35 for the first time in 1,200 days. He noted the previous instance marked the bear market bottom and was followed by a roughly 3,000% rally, which is why the current reading is drawing so much attention.
How tight is the Solana Bollinger Bands squeeze on the 3-day chart?
Analyst Ali Charts flagged price compressed between $77 and $94 on the 3-day timeframe. He called the range a no-trade zone and advised waiting for a clean 3-day close outside the bands before taking a directional position, framing the squeeze as a coiled spring.
