{"id":15947,"date":"2025-11-13T18:51:03","date_gmt":"2025-11-13T18:51:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-flashes-bearish-is-a-deeper-drop-coming\/"},"modified":"2025-11-13T18:51:08","modified_gmt":"2025-11-13T18:51:08","slug":"solana-price-flashes-bearish-is-a-deeper-drop-coming","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-flashes-bearish-is-a-deeper-drop-coming\/","title":{"rendered":"Solana price flashes bearish: Is a deeper drop coming?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price faces downside pressure as a bearish engulfing candle at the $167 resistance signals weakening momentum and risks a breakdown toward lower support levels.<\/p>\n<div id=\"cn-block-summary-block_9023c92c7c431b71d6b5d3a626209a7d\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bearish engulfing candle at $167 confirms strong resistance.<\/li>\n<li>$146 support is weakening after multiple retests with little bounce.<\/li>\n<li>Breakdown below $146 could trigger a swift drop toward $112.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana\u2019s (SOL) price action has turned increasingly fragile after a bearish engulfing candle formed at the $167 resistance zone, a level that has repeatedly acted as a barrier for bulls. The rejection has pushed SOL back toward a high-time-frame support area, raising concerns that the market may be preparing for a deeper corrective move.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Solana price key technical points:<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Bearish engulfing candle at $167<\/strong>\u00a0confirms rejection of major resistance.<\/li>\n<li><strong>$146 high-time-frame support<\/strong>\u00a0now being retested with weakening reactions.<\/li>\n<li><strong>Below $146, the next major support sits at $112<\/strong>\u00a0with minimal structure in between.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">SOLUSDT (1D) Chart, Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>Solana attempted to reclaim the $167 region but failed decisively, printing a bearish engulfing candle that shifted short-term momentum back to the downside. <\/p>\n<p>This technical pattern often signals exhaustion from buyers and a potential reversal, especially when it forms at a key resistance level.<\/p>\n<p>Following the rejection, the price has returned to the high-time-frame support at $146. This level has been held multiple times in the past, but the current reactions are weak, lacking strong bullish follow-through. <\/p>\n<p>As price continues to sit on this support without any meaningful bounce, the probability of a breakdown increases. In technical analysis, the more a support level is tested, the weaker it becomes.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>A loss of $146 would be concerning, as the chart shows limited structural support between this level and the next major zone at $112. <\/p>\n<p>If the price breaks below $146, the move is likely to be swift due to thin liquidity and a lack of price acceptance in this region. A correction to $112 would also align with prior market structures, making it a logical downside target.<\/p>\n<p>For bulls to regain control, Solana must reclaim $167 and close above it with substantial volume. Until then, the bearish engulfing at resistance remains a strong warning signal that downside momentum may still be developing.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What to expect in the coming price action<\/strong><\/h2>\n<p>Solana must hold $146 support to avoid accelerating toward $112. A decisive breakdown from $146 would confirm bearish continuation, while a strong bounce could reattempt the $167 resistance.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana price faces downside pressure as a bearish engulfing candle at the $167 resistance signals weakening momentum and risks a breakdown toward lower support levels. Summary Bearish engulfing candle at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15947"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15947\/revisions"}],"predecessor-version":[{"id":15948,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15947\/revisions\/15948"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/150"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}