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Reading: Solana faces strong resistance at 95–96 dollars after rapid surge
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COINTURK NEWS > Solana (SOL) > Solana faces strong resistance at 95–96 dollars after rapid surge
Solana (SOL)

Solana faces strong resistance at 95–96 dollars after rapid surge

In Brief

  • 🚀 Solana tested 96 dollars after a sharp upward move.

  • Analysts highlight 95–96 dollars as the critical resistance for $SOL.

  • If support holds at 93 dollars, a push toward 100 dollars is possible.

  • 📊 Key point: Dropping below 93 dollars could trigger deeper declines.

Ömer Ergin
Ömer Ergin 4 months ago
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Solana has broken out of its recent short-term downtrend, but now faces a tough barrier in the 95–96 dollar zone. After its latest price rally over recent hours, the cryptocurrency now stands at a critical junction, prompting market watchers to closely monitor whether Solana can maintain momentum above this key range.

Contents
Key resistance: 95–96 dollar rangePreparing for a push to 100 dollars?

Key resistance: 95–96 dollar range

According to charts shared by analyst More Crypto Online, Solana gained new strength by rebounding from the support band between 78.89 and 81.94 dollars. This rebound catapulted Solana up to the 95–96 dollar region, where it is now consolidating beneath a significant resistance.

The horizontal red resistance line at 96 dollars will be crucial in determining the short-term trajectory of Solana’s price action. The analyst highlights that holding above this level is vital for the ongoing bullish scenario to remain intact in the near term.

More Crypto Online explained that “Solana is currently moving as forecast, having reached the 95–96 dollar zone,” and emphasized that the micro support range between 89.72 and 93.32 dollars has emerged as the principal level for buyers to defend.

As long as Solana’s price stays above this micro support, analysts say there is a realistic chance of retesting 100 dollars or higher. Looking at the charts, the next potential upside targets are 104 and 108 dollars. However, they also caution that failure to overcome the red resistance may trigger a new pullback.

In Solana’s short-term outlook, the most crucial band stands at 89.72 to 93.32 dollars. Should the price slip beneath this area, a deeper correction toward the previous main support at 80–82 dollars could unfold.

Preparing for a push to 100 dollars?

Charts posted by The Cryptomist on X show that Solana recently broke its brief downtrend visible on the 15-minute chart. This development followed a period of sideways movement just below 96 dollars, signaling a renewed surge in buying power.

The Cryptomist observed that Solana managed a trend breakout on the lower timeframe, and stated that if Bitcoin maintains its structure, Solana could climb above 100 dollars.

Recent price action shows Solana had been forming lower highs and creating a descending trend line. But with the latest candle pushing above that line, there are clear signs of a shift in market sentiment.

The analyst notes 96 dollars as the next important threshold. If Solana can establish solid support here, quick moves to 98 and even 100 dollars may be possible. However, sustaining the bullish momentum will depend on buyers maintaining control in the near term.

If the price falls back below the trend line, the short-term formation would weaken, and the 95 to 93.57 dollar band would become the next significant support. Losing this level, according to analysts, could severely dampen the recent bullish momentum.

You can follow our news on X, Telegram, Facebook & Coinmarketcap

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Ömer Ergin 12 May, 2026 - 7:34 pm 12 May, 2026 - 7:34 pm
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