{"id":20928,"date":"2026-01-29T18:21:26","date_gmt":"2026-01-29T18:21:26","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-risks-capitulation-below-117-as-bearish-structure-remains-intact\/"},"modified":"2026-01-29T18:21:31","modified_gmt":"2026-01-29T18:21:31","slug":"solana-price-risks-capitulation-below-117-as-bearish-structure-remains-intact","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-risks-capitulation-below-117-as-bearish-structure-remains-intact\/","title":{"rendered":"Solana price risks capitulation below $117 as bearish structure remains intact"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price remains under heavy pressure as bearish structure persists, with repeated tests of $117 support increasing the risk of a capitulation-style breakdown.<\/p>\n<div id=\"cn-block-summary-block_946329ce119222b9466c6f3982113a28\" 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>Solana continues to print lower highs and lower lows.<\/li>\n<li>$117 high-time-frame support has been tested multiple times.<\/li>\n<li>Lack of bullish volume raises capitulation risk below support.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana (SOL) price action continues to deteriorate, with the broader market structure remains firmly bearish. Despite brief relief rallies, SOL has consistently failed to regain upside traction, reinforcing the prevailing downtrend.<\/p>\n<p>With price now rotating back toward\u00a0high-time-frame support at $117, market participants are closely watching this level for signs of either stabilization or failure. Given the lack of bullish participation and the persistence of lower highs, the risk of a capitulation move below support is increasing.<\/p>\n<h2 class=\"wp-block-heading\">Solana price key technical points<\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Bearish market structure intact:<\/strong>\u00a0Consecutive lower highs and lower lows persist.<\/li>\n<li><strong>$117 support under repeated pressure:<\/strong>\u00a0Multiple tests weaken the level.<\/li>\n<li><strong>Lack of bullish volume:<\/strong>\u00a0Downside risk remains elevated.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">SOLUSDT (4H) Chart, Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>From a market structure perspective, Solana remains locked in a clear downtrend. Each attempt at a rebound has resulted in a\u00a0lower high, signaling that sellers continue to control momentum. The most recent rally from high-time-frame support failed to develop into a sustained move, instead stalling and rolling over into renewed weakness.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>This behavior suggests that upside moves are corrective rather than impulsive. In trending markets, corrective rallies often provide opportunities for sellers to re-enter positions, further reinforcing downside pressure.<\/p>\n<h3 class=\"wp-block-heading\">$117 support becomes the critical battleground<\/h3>\n<p>The\u00a0$117 level\u00a0has emerged as a pivotal zone on the chart. It represents high-time-frame support that has been tested multiple times over recent sessions. While support can initially attract buyers, repeated tests without meaningful bounces often weaken its effectiveness.<\/p>\n<p>Solana\u2019s inability to produce strong follow-through from this region is a warning sign. Each retest has resulted in diminishing reactions, indicating that demand at this level may be drying up rather than strengthening.<\/p>\n<h3 class=\"wp-block-heading\">Capitulation risk increases with structural weakness<\/h3>\n<p>As bearish momentum remains aggressive, the probability of a\u00a0capitulation-style move\u00a0grows if $117 fails to hold. Capitulation typically occurs when price accelerates sharply lower after a widely watched support level breaks, triggering stop-losses and forced selling.<\/p>\n<p>In Solana\u2019s case, a breakdown below $117 could tap into\u00a0resting liquidity beneath support, amplifying downside momentum. Such moves often occur quickly and can overshoot fair value before stabilizing.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Volume confirms lack of demand<\/h3>\n<p>Volume behavior continues to support the bearish thesis. There has been\u00a0no meaningful influx of bullish volume\u00a0during recent pullbacks or consolidations. Without active demand, the price remains vulnerable to even modest selling pressure.<\/p>\n<p>Strong reversals are typically accompanied by expanding volume as buyers step in with conviction. The absence of this behavior suggests that market participants are hesitant to accumulate at current levels, increasing the likelihood of further downside.<\/p>\n<h3 class=\"wp-block-heading\">Broader trend remains unfavorable<\/h3>\n<p>From a higher-time-frame perspective, Solana has yet to show any evidence of trend reversal. The structure of lower highs and lower lows remains intact, and key resistance levels have not been reclaimed. Until this changes, the path of least resistance continues to point lower.<\/p>\n<p>While capitulation can sometimes mark an eventual bottom, it is often a\u00a0process rather than a single event, requiring time and stabilization before a meaningful recovery can begin.<\/p>\n<h2 class=\"wp-block-heading\">What to expect in the coming price action<\/h2>\n<p>Solana is approaching a decisive moment. As long as price continues to trade below prior resistance and\u00a0tests $117 without a strong reaction, the risk of a breakdown remains elevated. A loss of this support could trigger a\u00a0capitulation move, accelerating the price lower in search of new demand zones.<\/p>\n<p>For the bearish outlook to be invalidated, Solana would need to reclaim key resistance levels with strong volume and improve market structure. Until then, caution remains warranted as downside risk dominates the near-term outlook.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana price remains under heavy pressure as bearish structure persists, with repeated tests of $117 support increasing the risk of a capitulation-style breakdown. Summary Solana continues to print lower highs&hellip;<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20928","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\/20928","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=20928"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20928\/revisions"}],"predecessor-version":[{"id":20929,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20928\/revisions\/20929"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}