COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Analysts highlight $40 to $60 as key Solana support, set long term targets at $500 and $1,000
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Solana (SOL) > Analysts highlight $40 to $60 as key Solana support, set long term targets at $500 and $1,000
Solana (SOL)

Analysts highlight $40 to $60 as key Solana support, set long term targets at $500 and $1,000

In Brief

  • 🚨 Analysts flagged $40 to $60 as a crucial support zone in $SOL, now trading at $72.

  • 📈 CryptoPatel sees buying in this range, targeting $500 and $1,000 long term.

  • 🧠 Some expect a brief dip before a major recovery, with support level action in focus.

Levent Kurt
Levent Kurt 2 hours ago
Share
SHARE

As Solana trades near $72, market attention has shifted to the $40 to $60 price range, a technically significant support level that could define the token’s next big move. While two technical analysts both underscore the critical nature of this zone, their short term projections for SOL diverge, suggesting alternate market scenarios in the weeks ahead.

Contents
Major support seen as launching pad for long term gainsShort term outlook points to possible final shakeoutRecovery prospects hinge on support holding firm

Major support seen as launching pad for long term gains

According to an analysis shared by CryptoPatel, based on TradingView data, SOL failed to sustain higher levels and retreated back to its previously identified support and entry area. CryptoPatel indicated a personal buying range between $40 and $60, citing long term profit-taking targets set at $500 and $1,000—levels that would represent ambitious upside under bullish conditions.

CryptoPatel stated that they view the $40 to $60 range as a buying zone, while setting sights on $500 and $1,000 as potential long term targets for SOL.

The immediate region to watch is the $52 to $60 band; if SOL can hold this level, buyers may attempt a recovery towards the $100 mark. For a more robust rally, however, the token would need to overcome the historically strong resistance area between $160 and $220, previously a tough barrier in past cycles.

Targets like $500 and $1,000 on the chart remain plausible only if a broader upward wave materializes, requiring a clear breakout above the $220–$295 resistance range. Presently, the outlook for Solana is marked by longer term potential coupled with significant near-term uncertainty.

Short term outlook points to possible final shakeout

A contrasting technical view from analyst Ardi, also referencing TradingView data, suggests Solana may face one final deep correction before a significant recovery begins. According to this perspective, after pulling back from its previous cycle highs, SOL is currently consolidating within a long term structure—potentially part of a market accumulation phase that could last a while.

Ardi assessed that Solana might briefly dip below current lows ahead of a renewed upward attempt, describing this as a possible final shakeout before recovery.

In this scenario, the critical area to watch is Solana’s current support zone. Should SOL breach this level, the charts indicate the price could temporarily slip below the established acceptance area, in a move reminiscent of the final capitulation witnessed in 2022, according to Ardi.

Despite this, the bulk of downside risk may already be behind. Should the market see another wave that flushes out weaker holders, and if buyers subsequently return, SOL could recover towards its previous macro resistance zone.

Recovery prospects hinge on support holding firm

Both analyses stress that the longer term outlook for Solana is predicated on the token maintaining its support between $40 and $50. Losing this band could weaken the technical setup, but a quick recovery or continued stability within this zone would strengthen the bullish case and could pave the way for renewed gains.

Should Solana stage a decisive rebound, the prospect of higher prices may resurface, with some analysts seeing this rally potentially stretching into 2027. For now, the market is closely monitoring whether the crucial support area will hold or give way.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

OpenAI unveiled GPT-5.6 models named Sol, Terra and Luna, sparking reactions from crypto communities

Solana sets $553 million daily record in tokenized stocks! What does this massive surge mean for investors?

Solana-based ETF SOLZ_KZ began trading on Kazakhstan’s KASE, price jumped 7.97% after record $553 million daily tokenized stock volume

Solmate Infrastructure lost 98% of market value after $300 million Solana finance move

Solana slips toward the 60 dollar support level! What is the key threshold investors are watching?

Levent Kurt 28 June, 2026 - 4:50 pm 28 June, 2026 - 4:50 pm
Share This Article
Facebook Twitter
Share
Levent Kurt
By Levent Kurt
Follow:
Kriptoekonomist, Kripto para meraklısı, Girişimci, Yazar, CoinTürk Gen.Yay.Yön.
Previous Article El Salvador increased its Bitcoin reserves by 8 BTC to 7,696.37 BTC with continued weekly purchases
Next Article Ethereum fell to key support near $1,575, analysts highlight $1,368 as next critical level
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Dogecoin open interest drops to $959 million! What are the latest signals that investors are watching?
Dogecoin (DOGE)
Cardano’s ADA falls 1.09% to $0.1452, analysts watch $0.092 support as market sentiment weakens
Cardano (ADA)
A critical $56 trillion threshold could be crossed for $XRP! What does the CLARITY Act mean for institutional investors?
Ripple (XRP)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?