Is Solana (SOL) Gearing Up For a Rebound? This Bullish Fractal Setup Saying Yes!

robot
Abstract generation in progress

Date: Thu, Oct 16, 2025 | 05:25 PM GMT The cryptocurrency market is struggling to stage a meaningful V-shaped recovery after the October 10 crash, which triggered over $19 billion in liquidations. Ethereum (ETH) continues to trade choppy, adding further pressure on major altcoins, including Solana (SOL). $SOL is currently trading in red with a 12% weekly drop, but beyond the short-term weakness, its technical structure is beginning to resemble a key bullish fractal seen earlier in Bitcoin’s (BTC) chart — a pattern that previously signaled a major rebound.

Source: Coinmarketcap SOL Mirrors BTC’s Past Price Behavior According to our ongoing fractal chart analysis, SOL’s current price structure and correction phase closely mirror Bitcoin’s late 2024 cycle. Back in September 2024, $BTC went through three consecutive corrections of roughly 25%, 29%, and 24%, before breaking out from its descending resistance trendline and reclaiming both the 50-day and 100-day moving averages. This breakout (marked in the chart’s green circle) triggered a strong 80% rally, taking Bitcoin into a sustained bullish phase.

BTC and SOL Fractal Chart/Coinsprobe (Source: Tradingview) Now, fast-forward to October 2025, Solana appears to be following the same path. After completing two major corrections — 25% and 28%, almost identical to BTC’s — SOL is now in the midst of its third and possibly final correction, trading below its descending resistance and key moving averages (50 MA and 100 MA). What’s Next for SOL? If the BTC fractal continues to guide this setup, SOL may experience one more minor leg down toward the $180 region, which would align with BTC’s final 24% dip before its breakout phase. Once this correction phase completes, a potential rebound could take shape. A confirmed breakout above the descending resistance line and key moving averages could trigger a bullish rally, with targets pointing toward the $350 zone — mirroring the scale of BTC’s 80% rebound move. However, it’s important to remember that fractals aren’t guaranteed. They often highlight historical symmetry but don’t ensure identical outcomes. Still, given the technical alignment and market structure, this setup is one to keep a close eye on in the coming days. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

SOL-8.7%
BTC-5.9%
ETH-7.9%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)