Solana is trading near a key technical zone as analysts map two very different paths for SOL. One chart points to a possible breakout toward higher Fibonacci levels, while another warns that price may first retest the $50 to $55 support range.
Solana Price Chart Maps $80 to $1,000 Case as SOL Trades Near Accumulation Zone
Solana traded near $85.72 on the weekly Binance chart shared by Crypto Patel, with the analyst presenting a long term case for a move from the $80 area toward $1,000.
The chart places SOL near the lower part of a broad range after a sharp decline from the 2025 high zone. It marks an accumulation zone between roughly $50 and $70, while price now trades above that area but below the key breakout region.
Solana Weekly Price Chart. Source: Crypto Patel on X
The main breakout level on the chart sits near the 0.382 Fibonacci level at $98.80. If SOL moves above that zone, the chart shows a possible continuation toward the previous resistance area around $262 to $297.
The chart also marks deeper support levels at $50.02, $30.81, $26.36, and $16.62. A monthly support line appears near $32.89, while a stronger historical support area is marked near $9.85.
Crypto Patel’s post also listed nine catalysts behind the bullish SOL setup. These include ETF holdings near 2% of total supply, cumulative ETF inflows above $1.12 billion, ETF AUM near $1.01 billion, and the Alpenglow upgrade, which the post says could cut finality from 12.8 seconds to 150 milliseconds.
The post also claimed that SOL ETFs offer staking yield, while BTC and ETH funds do not. It added that Solana has gained legal clarity as a digital commodity and that institutional names, including Dartmouth’s endowment, Morgan Stanley, and Franklin Templeton, are linked to SOL exposure or filings.
The technical setup depends first on whether SOL can reclaim the $98 to $100 breakout zone. Until then, the chart keeps SOL between the accumulation area and the first major resistance level. A confirmed move above that area would shift focus toward the higher Fibonacci range near $262 to $297, while failure to hold current levels could bring the $70.30, $50.02, and $32.89 support zones back into focus.
Solana Chart Signals $50 to $55 Retest Before Larger SOL Move
Solana’s daily chart shared by Celal Kucuker shows SOL moving lower after rejection near the $100.23 resistance level.
The chart marks a rising trendline from the lower range. This trendline now sits near the $80.42 area, which appears as the next key support zone. If SOL fails to hold that rising structure, the analyst’s next target remains the $50 to $55 range.
Solana Daily Price Chart. Source: Celal Kucuker on X
Kucuker’s post shows that previous levels at $140, $68, and $100 have already played out. The remaining levels on his list are $50 to $55 and $300 plus.
The setup suggests that SOL may first test lower support before any larger upside move. The chart also shows a major resistance line around $100.09, meaning SOL would need to reclaim that area before the bullish structure can strengthen again.