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Reading: Solana holds critical $78 support, analysts point to targets of $98 and $417 if momentum builds
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COINTURK NEWS > Solana (SOL) > Solana holds critical $78 support, analysts point to targets of $98 and $417 if momentum builds
Solana (SOL)

Solana holds critical $78 support, analysts point to targets of $98 and $417 if momentum builds

In Brief

  • 🔥 Solana’s $78 support is under close watch as prices approach critical levels.

  • 📈 Holding this zone could drive $SOL up to $98 and beyond, analysts say.

  • ⏳ Solana’s longer-term targets point toward $188 and $417 if bullish momentum holds.

Güvenç Koçkaya
Güvenç Koçkaya 3 weeks ago
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Solana is struggling to hold its ground at key support levels on both the weekly and daily charts, with the overall market focusing on the $78 mark as a decisive short-term pivot. If this crucial support is maintained, the price could attempt a recovery toward $98, according to recent market analyses. However, failure to preserve this level may weaken the outlook and shift attention to lower ranges.

Contents
Broader targets in the weekly outlook$78 to $98 range in focus for the short term

Broader targets in the weekly outlook

Examining the weekly chart, Solana is once again testing a fundamental horizontal support zone, under continued pressure from a descending trendline originating from previous highs. This area has proven itself as a fiercely defended region by buyers throughout the wider market correction. Successfully maintaining support here could reinforce the case for a sustained recovery over longer timeframes.

Analyst Celal Kucuker highlights that Solana currently showcases one of the strongest defenses in the market. He suggests that as long as the current structure endures, there is potential for Solana to reach a new all-time high by the end of the year.

Celal Kucuker believes that Solana’s present structure continues to leave room for upward movement, and that holding the strong support keeps the possibility of new highs on the table.

On the weekly chart, the first significant upward resistance is around $188.25. Surpassing this level would signal renewed buyer strength. In the broader outlook, a long-term target of approximately $417.40 is identified, echoing Kucuker’s projection of reaching $400 within six to nine months.

Nonetheless, this optimistic scenario depends on a clear breakout above resistance. Should Solana fail to defend its current support and remain below the descending trendline, bullish expectations could be dampened.

$78 to $98 range in focus for the short term

On the daily chart, Solana is retesting the lower edge of its trading range, an area previously serving as dependable support. The $78 level now stands as the central defense zone for buyers, determining the immediate short-term structure.

Trader Daan Crypto Trades emphasizes that bulls must protect the lower limit of this zone. A strong rebound from here would indicate active buyers and the preservation of Solana’s current price range.

Daan Crypto Trades underscores that holding the $78 region is crucial for short-term prospects, and sustained support at this level could see Solana move back toward $98.

TimeframeCritical supportUpside targetRisk level
Daily$78$98$67
WeeklyCurrent horizontal support zone$188.25 and $417.40Sustained move below trendline

Should Solana rebound from these levels, the initial short-term target stands at $98, a major resistance zone that previously capped upward moves. However, a daily close below $78 could weaken the bullish scenario and bring the lower support area near $67 into focus.

The market’s main signal right now is whether Solana can sustain the $78 support. If this level holds, targets of $98 and—over longer horizons—even $188 or $417 may come back into play for Solana.

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.

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Güvenç Koçkaya 10 July, 2026 - 12:57 pm 10 July, 2026 - 12:57 pm
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Güvenç Koçkaya
By Güvenç Koçkaya
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The author, a medical doctor and health economist, produces content on cryptocurrency markets, blockchain technologies, digital assets, and global finance.As a cryptocurrency writer and investor, he closely follows Bitcoin, altcoins, market trends, macroeconomic developments, token economies, and innovations in the digital asset ecosystem. By combining perspectives from health economics and financial analysis, he evaluates developments in cryptocurrency markets using a clear and data-driven approach.
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