- Solana bulls continue defending the key $86 to $88 support region
- Analysts see potential upside targets near $96, $100, and $106
- A break below $86.73 could weaken the current bullish structure
Solana remained firm above a crucial short-term support zone as traders monitored whether momentum could carry the asset toward the $100 level. Analysts from More Crypto Online and KNIGHT highlighted the importance of the $86.72 to $88.60 range, where buyers have repeatedly stepped in during recent pullbacks. At press time, Solana traded at $93.42, up 5.52% over the past 24 hours.
Solana Support Zone Keeps Short Term Structure Intact
According to More Crypto Online, Solana continues testing a micro support region between $86.72 and $88.60. The analyst noted that bullish momentum remains active as long as SOL stays above the key $86.73 threshold. Recent chart action showed buyers defending the upper end of that range after a rebound from the low $80 region.
The structure suggests traders are still positioning for higher prices despite temporary volatility. A breakdown below $86.73 could weaken the current setup and expose lower support levels near $81.76 and $80.08.
For now, Solana continues holding above support, which keeps the short-term bullish trend alive. The asset also remains near the upper boundary of the consolidation range, indicating steady buyer activity.
Solana Traders Target Higher Resistance Near $100
A separate TradingView setup shared by analyst KNIGHT outlined a short-term long position for Solana on the 15-minute chart. The structure formed after SOL moved sideways following its earlier breakout rally.
The invalidation point for the trade sits near $86.92. Analysts believe maintaining the price above that level is critical for sustaining momentum. If support holds, the next upside targets appear near $96, $98, and eventually $100.22.
More Crypto Online also highlighted projected wave targets between $104 and $106 if Solana continues building strength. However, traders remain focused on confirmation through sustained buying pressure and volume expansion.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
