SOL: What Do Momentum Indicators Say? January 18, 2026 Analysis

The positive expansion of the MACD histogram gives a bull signal in SOLs short-term momentum, but RSI at 59 level applies neutral pressure – trend strength is being tested.

Trend Status and Momentum Analysis

Solana (SOL) is trading at 142.94 dollars as of January 18, 2026, showing a slight 0.76% decline over the last 24 hours. The daily range stayed within the 141.50-144.10 dollar band, with volume providing solid support at 2.07 billion dollars. Although the overall trend direction is upward, the Supertrend indicator gives a bear signal and points to the 159.57 dollar resistance. The price positioned above the short-term EMA20 (138.41 dollars) indicates that momentum is still in favor of bulls. Despite mixed signals from momentum oscillators, the MACD‘s positive histogram stands out as the strongest bull indicator. This situation reflects an accumulation phase supporting SOL’s current uptrend. Volume confirmation validates price movements; transaction volume exceeding 2 billion dollars confirms that buyers remain active despite weak declines. Multi-timeframe (MTF) confluence identifies 14 strong levels: 3 supports/2 resistances on 1D, 3 supports/4 resistances on 3D, and 2 supports/3 resistances on 1W. This distribution emphasizes that resistances dominate in the medium term, but short-term supports are solid.

RSI Indicator: Buy or Sell？RSI Divergence Analysis

RSI (14) is currently at 59.14 and positioned in a neutral-bullish zone. No regular bearish divergence is observed in RSI compared to recent price highs; on the contrary, a slight hidden bullish divergence signal is present. While price corrects from the 144.10 dollar high, RSI did not make a low, indicating that momentum has not weakened. The absence of regular divergence suggests the uptrend can continue healthily. However, being just below the 60 level indicates low overbought pressure and calls for caution against a potential pullback. As long as RSI stays above 50, the buying bias is maintained, but a drop below 55 could increase selling pressure. From a long-term perspective, a similar pattern is absent in the weekly RSI as well; this strengthens SOLs momentum confluence.

Overbought/Oversold Zones

RSI is below 70 and well above 30, meaning neither overbought nor oversold territory. This neutral position reflects that momentum is in a consolidation phase. On the daily chart, expansion of RSI from 59 to 65 could bring bull confirmation, but at current levels, overbought risk is low. Comparatively, in previous uptrends, rallies supported by volume were observed when RSI exceeded 65. The current 59.14 shows that sellers are not dominant but buyers are not aggressive either – a pure momentum waiting mode.

MACD Signals and Histogram Dynamics

MACD status is clearly bullish: The histogram is positive and expanding, with the MACD line dominant above the signal line. This signals gaining momentum and potential bullish crossovers continuing. The growth of histogram bars confirms increasing buyer pressure despite bear market corrections. Despite the slight decline in the last 24 hours, the histogram staying above the zero line shows trend strength is preserved. When examined with standard MACD settings (12,26,9), there is no divergence; the histogram expanded rather than contracting with the price drop. This dynamic suggests SOL is preparing for a short-term rally. When confirmed by volume, the MACD histogram stands out as the most reliable momentum signal – expanding bars are shifting accumulation distribution in favor of bulls.

EMA Systems and Trend StrengthShort-Term EMAs

SOL is strongly holding above EMA20 (138.41 dollars), confirming the short-term trend is bullish. There is no contraction in the ribbon between EMA10 and EMA50; on the contrary, there is a slight expansion, which means momentum increase. The price distancing from EMA20 is positive for measuring trend strength – a 4.5 dollar gap provides a healthy pullback distance. Short-term EMAs (8-21-50) support the price, preventing potential low tests.

Medium-term EMA50 (around 135 dollars) and EMA200 (120 dollar band) are functioning as strong supports. Ribbon dynamics preserve the long-term uptrend; EMAs are upward sloping and ordered. However, the bearish Supertrend indicates it could challenge the EMA100 resistance (around 145 dollars). In trend strength measurement, the EMA ribbon width is medium level – not overly strong but not fragile either. Aligned with support levels: 139.14 dollars (77/100 score) captures EMA20-50 confluence.

Bitcoin Correlation

Bitcoin shows a slight 0.30% rise at 95,521 dollars in an uptrend, but BTC Supertrend is bearish and rising dominance is a warning signal for altcoins. SOL is highly correlated with BTC (usually 0.85+); if BTC holds the 94,299 dollar support, SOL could test the 143.92 dollar resistance. If BTC breaks above 95,715 dollars, a 152.93 target opens for SOL, but if BTC slips below 92,272, SOL pulls back to 139.14 support. Caution in BTC dominance context: BTC stabilization is essential for altcoin rallies. Key BTC levels: Supports 94,299-92,272-88,300; resistances 95,715-97,924-102,724. SOL‘s dependence on BTC movements affects momentum confluence – if BTC weakens, SOL’s MACD bullishness is tested.

Momentum Outcome and Expectations

In the synthesis of momentum oscillators, MACDs positive histogram and position above EMA20 are the strongest bull signals; RSI at 59 provides neutral balance. Volume at 2.07B provides confirmation, absence of divergence supports the uptrend. Critical support 139.14 (77 score), resistance 143.92 (67). Bullish target 175.20 (31 score), bearish 91.21 (22). MTF confluence balanced with 14 levels; short-term, if 143.92 breaks, momentum accelerates. Check detailed data for SOL Spot Analysis and SOL Futures Analysis. Overall outlook: Bull-biased consolidation, BTC-dependent.

This analysis uses Chief Analyst Devrim Cacals market views and methodology.