Solana (SOL) has recently maintained its position above a critical support level, firmly held within the $80 to $95 price range. While the cryptocurrency continues to defend this foundational zone and an upward trend line, investors are intently watching to see if SOL can reclaim the $115 level for a stronger recovery. The more ambitious target, however, lies at the $260 mark—a level that will require surpassing multiple technical resistances before becoming a realistic possibility.
Upward trend line in focus
During recent trading sessions, Solana has consistently remained above a pronounced rising trend line on the SOL/USDT daily chart. According to analytical charts shared by CryptoJack on social media, buyers have repeatedly stepped in at this support, briefly pushing prices higher after each test. Every interaction with the trend line has seen SOL form a fresh short-term bottom and begin a new upward move, with the latest bounce once again pointing toward the upper bands.
Based on CryptoJack’s assessment, as long as Solana remains atop this upward line, a short-term positive outlook persists for the asset:
As long as the trend line holds, it maintains the structure and allows for resistance levels to be tested, potentially adding upward momentum, according to CryptoJack’s latest commentary.
Despite this optimism, the overall picture remains uncertain. For the upward path to be confirmed and to avoid another downswing, SOL needs to close the day above the trend line. If this support fails, the risk of a correction increases. Recent candlestick patterns also show some hesitancy, as buyers have not been able to firmly reestablish clear momentum.
In the short term, the critical issue is whether SOL can maintain its position above the rising trend line. A dip below this level could weaken the structure and trigger a more significant pullback for Solana prices.
$90 support forms the backbone
Solana’s price action in the daily chart has hovered within the $90 range, showing a fairly horizontal trajectory. According to analysis by Don, SOL has attempted to build a base around this level across the past 100 daily candles. The price’s recent oscillation between $80 and $95 highlights this region as a crucial foundation.
The $80–$95 range has historically acted as a key reaction zone during previous market cycles. Consequently, this area is now under scrutiny as a potential springboard for Solana’s next major movement.
From a technical standpoint, the analysis also flags the $115 mark—which features a moving average—as a formidable resistance overhead. For any solid recovery, SOL must first convincingly break above $115. Only afterwards could it attempt higher targets, including the $260 zone, although various resistances will pose challenges along the way.
Currently, attention remains fixed on the $90 support. As long as Solana hovers above this level, the emerging base structure is likely to strengthen. However, a breach below $90 could intensify selling pressure and lead to a deeper pullback.
