Solana is building a rounded base while holding above its broken multi-month downtrend line, keeping the recovery setup alive. However, SOL still needs to reclaim the $98-$100 resistance zone before buyers can target the larger $145-$155 supply area.
Solana Price Builds Rounded Base as $100 Breakout Level Comes Into Focus
Solana is forming a rounded recovery structure on the daily Coinbase chart shared by TraderSZ on X.
The SOL/USD chart shows price trading near $85, after moving sideways for several weeks between the lower range near $70-$75 and resistance near $95-$100.
SOL/USD Daily Rounded Base Chart. Source: TraderSZ on X
The yellow drawing marks a possible rounded bottom. This suggests SOL may be trying to build a base after the sharp decline from the late 2025 high area.
The first key level is the horizontal resistance near $95-$100. Solana needs to break and hold above that zone before a stronger recovery can start.
If SOL clears that level, the chart points toward the next major supply area around $145-$155. That zone acted as support before the bigger breakdown, so it may now work as resistance.
However, the breakout has not happened yet. SOL still trades below the $100 area, so the rounded base remains only a potential setup.
For now, Solana is trying to recover from the lower range. A clean daily close above $100 would be the first signal that buyers are taking control.
Solana Holds Broken Downtrend as $98 Resistance Remains Key
Solana looks stronger than other major coins on the daily chart shared by Chill on X, as SOL continues to trade above its broken multi-month downtrend line.
The SOL/USD chart shows price near $85.98 after pulling back from the recent resistance area around $98. That level rejected SOL earlier in May and now remains the main upside level to reclaim.
SOL/USD Daily Downtrend Break Chart. Source: Chill on X
The red descending trendline shows the previous multi-month downtrend. SOL already broke above that line, which gives the chart a stronger structure than coins still trapped below their trendlines.
However, the pullback has brought price back close to the breakout area. This makes the current zone important, because bulls need to defend it to avoid falling back into the old downtrend.
The first support sits near $82, marked by the green horizontal line. If SOL loses that level, the next larger support area sits much lower near $67.61.
On the upside, SOL must reclaim $98 to confirm strength. A daily close above that level would show buyers have regained control and could open the way for a stronger recovery.
For now, Solana remains above the broken downtrend, but the setup still needs confirmation. The chart supports relative strength only if SOL holds above nearby support and moves back toward $98.
