Headline: Solana’s SuperTrend Flips Bullish — Could a Rally to $103 Be Next?
Solana (SOL) may be gearing up for a meaningful rebound after a key technical signal turned positive for the first time in two months. Market analyst Ali Martinez flagged on X on March 13 that the SuperTrend indicator — a trend-following tool that uses price and volatility to signal uptrends and downtrends — has flipped to bullish for SOL for the first time since early January.
The turnaround comes after a brutal stretch for Solana, which has lost more than 62% of its value since October 2025. SOL plunged to roughly $67 in early February when the SuperTrend last issued a sell signal. Since then the token has recovered into a consolidation zone between $76 and $90 that has held for about four weeks, with buyers pushing price above $90 on two occasions in March. The most recent break above $90 coincided with the SuperTrend’s new buy signal.
Analysts caution that a bullish SuperTrend does not guarantee a sustained breakout — the indicator is backward-looking and can produce false positives. Still, if momentum continues, the next tangible resistance level sits near $103, which would be the initial target following the extended correction.
On the ETF front, data from SoSoValue show Solana Spot ETF inflows have cooled. Total net inflows this week are about $3.10 million, an 83% drop from the prior week’s final figures, suggesting institutional appetite has slowed. SOL itself is trading around $88.95 at the time of writing, up roughly 2.8% over 24 hours and about 11.15% over 30 days — gains that appear driven more by spot demand and market sentiment than fresh, large-scale ETF investment.
Cumulatively, Solana Spot ETF inflows have reached $961.08 million within five months of trading, with total net assets of $824.87 million (about 1.67% of Solana’s market cap). Solana’s market capitalization is roughly $54.74 billion, keeping it ranked as the seventh-largest cryptocurrency.
Bottom line: the SuperTrend’s bullish flip injects optimism into SOL’s near-term outlook, but traders should weigh the signal alongside liquidity trends and the possibility of false breakouts before positioning for a move toward the $103 resistance.
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