Solana is drawing attention from analysts as both short-term and long-term technical indicators begin to align. While one chart points to a potential recovery toward $77, a larger Elliott Wave structure suggests SOL could target the $430–$780 range if the next major bullish phase unfolds.
Recent analysis from More Crypto Online and Ali Charts highlights a market at a critical turning point, with traders closely watching whether Solana can confirm a bottom and begin its next upward move.
Solana Bull Market Target: Elliott Wave Points to $430–$780 Range
Crypto analyst More Crypto Online projects Solana's first major bull market target zone between $430 and $780, based on Elliott Wave theory and Fibonacci extensions.
Solana / U.S. Dollar 4D chart. Source: More Crypto Online
According to the analysis, Solana appears to be developing a larger wave (iii) structure after a prolonged corrective phase. The projected target range represents the standard Fibonacci extension zone for wave i of (iii), with the lower boundary near $431 and the upper boundary around $785.
The analyst notes that these targets remain preliminary because the current corrective wave (ii) has not yet confirmed its final bottom. As a result, the projected range should be viewed as a working estimate rather than a fixed price prediction.
The chart suggests several possible downside scenarios before a bullish breakout can occur. Key support areas are identified between approximately $49 and $32, with a deeper retracement potentially extending toward $17.50 if the correction becomes more complex.
If Solana successfully completes wave (ii) and begins a new impulsive advance, the Elliott Wave model indicates substantial upside potential. However, traders should wait for confirmation of the corrective low before treating the $430–$780 zone as a high-confidence target.
Solana Signals Potential Rebound as TD Sequential Flashes Buy
A new TD Sequential buy signal has appeared on Solana's 3-day chart, suggesting selling pressure may be fading after the recent decline.
Solana (SOL) 3-Day Chart – TD Sequential Buy Signal. Source: Ali Charts (@alicharts)
According to crypto analyst Ali Martinez, the signal could mark the beginning of a short-term recovery move. If confirmed, Solana may advance toward the $77 resistance cluster, representing a potential gain of roughly 15% from the current price near $66.58.
The TD Sequential indicator is a technical analysis tool designed to identify trend exhaustion and potential reversal points. A completed buy setup often signals that a downtrend may be losing momentum, although confirmation from subsequent price action remains important.
On the chart, Solana recently printed a TD 9 buy signal following several consecutive bearish candles. The asset is currently trading above the key $60 support area, while immediate resistance sits near $72, followed by the analyst's target zone around $77.
A break above these resistance levels could strengthen the bullish case. However, failure to hold current support may invalidate the setup and lead to renewed downside pressure.
