Solana Price Outlook: What To Expect From SOL In April 2026
Solana faces bearish pressure in April 2026 following six losing months and a confirmed head-and-shoulders breakdown targeting $73.Summary
Solana (SOL) enters April 2026 under significant pressure, having closed March down and marking six consecutive losing months since October 2025. A confirmed head-and-shoulders breakdown on the daily chart projects a measured move target near $73, representing a potential 15% decline. Seasonally, April is historically weak for SOL. Technical indicators reinforce the bearish view, with the 20-day EMA at $86 acting as a crucial resistance level for any potential revival.
On-chain data shows fading buying pressure; exchange net position change indicates an 80% drop in accumulation since the March 27 breakdown. Furthermore, short-term holders (STH) have reduced their losses, potentially leading them to sell at smaller losses if demand doesn't return. Conversely, long-term holders (hodlers) are accumulating aggressively, but this pattern historically has not prevented price drops.
Key price levels for April are $80 as a near-term floor; a close below this supports the $73 target. On the upside, reclaiming $85 and then the 20-day EMA at $86 is necessary to challenge resistance near $93 and weaken the bearish structure.
(Source：BeInCrypto)