Solana is tightening inside a three week triangle while a separate four hour chart shows the first Ichimoku cloud reclaim since January, setting up a pivotal test for the next move.
Solana Holds Range Near $84 as Chart Watchers Mark $88.60 as Break Level
Solana traded near $84 as price stayed inside a sideways range that has held for roughly three weeks. The setup shows repeated swings between the low $80s and the upper $80s, while momentum cooled after each push toward resistance.
Solana USD 30 Minute Chart. Source: More Crypto Online on X (@Morecryptoonl)
In a post on X, market commentator More Crypto Online said a move above the Sunday high at $88.60 would serve as the first signal that buyers are regaining control and that the triangle may have finished forming. The chart view also highlights overhead resistance around $90, alongside multiple mid range retracement lines clustered in the $78 to $83 area, which has acted as a frequent turning zone during the chop.
However, the analyst warned that triangle breaks can turn sharp once price clears a key boundary. As the swings narrow, volatility often contracts, and then a breakout can drive an impulsive move in either direction. For now, SOL remains inside the structure, and the next directional cue hinges on whether price can reclaim the upper band near $88.60 or slips back toward lower supports in the high $70s.
Technical Shift Marks First Break Above Cloud Since January
Solana moved back above the Ichimoku cloud on the four hour chart for the first time since January, according to a chart shared by CryptoCurb on X. The setup also shows the 50 period moving average crossing back above the 100 period moving average, signaling a short term momentum shift after weeks of weakness.
Solana TetherUS 4 Hour Chart. Source: CryptoCurb on X (@CryptoCurb)
On the Binance SOLUSDT four hour chart, price had traded below the cloud structure throughout February while the cloud acted as dynamic resistance. During that period, rallies stalled beneath the red cloud, and moving averages sloped downward. The latest push, however, carried price through the cloud while both moving averages began to turn upward.
CryptoCurb wrote that the combined 50 and 100 MA flip alongside the cloud break marks a structural change in trend conditions. The chart projection outlines a potential continuation move toward the $100 area and beyond, contingent on sustained strength above the reclaimed indicators.
