$SOL Price Eyes $150 as Whale Activity Signals Fresh Rally! - CoinPedia Analytics

In the weekly chart, the SOL price trend shows constant support from the 50% Fibonacci level at $129.87 and the 50 weekly EMA. Currently, the weekly chart reveals a consolidation phase between the 78.60% Fibonacci level at $198 with the bottom support of 50% Fibonacci level. The lower high formation within the consolidation range reveals a weakness in the bullish momentum. However, the recent possibility of a morning star pattern near the crucial support teases a new bullish cycle. 

The DMI indicator in the weekly chart reveals an indecisive trend between the VI lines. Further, a declining trend is visible in the ADX line during the SOL price consolidation phase.

Hence, the momentum is declining, but the trend still needs to be decided. A bullish cycle will reveal a positive alignment in the VI lines, and a potential uptick in the ADX line will help sustain the uptrend. 

Using the trend-based Fibonacci level, the SOL price uptrend shows the next resistance at 23.60% at $173. The next resistance lies at the $200 ceiling and the $224 mark.Â