What to know:
- Solana traded near the $90 resistance, testing a key breakout level
- Rising trading volume signaled strengthening bullish momentum
- Holding above $80 support remained crucial for further upside.
Solana (SOL) traded near key resistance levels in recent sessions as market momentum showed early signs of strengthening. The cryptocurrency hovered within the $80–$90 range, with traders closely watching whether buying pressure could drive a sustained move above the $90 threshold.
Rising trading activity, tightening price ranges, and improving market sentiment placed SOL in focus as investors assessed the likelihood of a breakout toward higher resistance zones.
According to CoinMarketCap, at the time of writing, SOL currently sits at $89.33. The daily trading volume of the token is around 6.76 billion, and the market cap has exceeded 51.39 billion.
Also Read: Solana Stablecoin Supply Hits $14.6B in 2026 Projection
Solana Tests Key $90 Resistance Zone
The token continued trading within a consolidation band between approximately $80 and $90, with the upper boundary acting as a major resistance level. Latest price action showed multiple attempts to approach the $90 mark, indicating growing market interest around this psychological threshold.
Technical analysis suggested that the $86 to $90 region represented immediate resistance, where earlier rallies had struggled to maintain momentum. A successful breakout above this range could shift sentiment and potentially open the path toward higher price targets near $98 to $100.
Market reports suggested that the altcoin has lately pushed close to the $90 level during upward moves, reinforcing its role as a critical technical barrier for bullish continuation.
Volume Growth and Market Signals Support Momentum
Solana’s price chart reveals a downward momentum, and it could climb toward the resistance (blue) at around $90.24. Assuming the bullish pressure occurs, the golden cross might emerge and send the price up to test the $92 range.
If a reversal continues, the bears might push down the SOL’s price to the support (yellow) at $88.31. In case the downside correction gains more traction, the death cross could form, and likely drive the asset’s price to a low of $88 or even lower.
The relative strength index (RSI) shows DOGE being over-bought as the RSI line is above the 50 median. The moving average convergence divergence (MACD) indicator shows the coin experiencing a bullish momentum as the MACD line (blue) is above the signal line (orange).
According to the data given by CoinCodex, the 200-day simple moving average in the long run is projected to reach $ 128.30. The 50-day simple moving average (SMA) in the short term is projected to reach $ 85.80. All these figures reflect a gradual but certain movement towards the higher ground.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: XRP Signals Solana Might Drastically Flip Massive Switch in 2026
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