Solana is defending short-term support near $74-$77, keeping a move toward $87 and $100 in play. However, the longer-term chart still leaves room for a deeper correction into the $30-$52 accumulation zone before a stronger recovery.
Solana Pullback Keeps $87 Breakout in Play
Solana is consolidating after its recent rebound, but the broader daily structure remains intact. The controlled decline suggests buyers may be absorbing selling pressure rather than abandoning the recovery.
SOL daily chart. Source: EliZ/X
The chart shows SOL holding above a rising trendline while trading near the $77 area. Price also remains close to the cloud support zone between roughly $74 and $77, making this region important for the next directional move.
A rebound from current levels could send SOL toward the major resistance at $87.20. Breaking and holding above that level would confirm stronger momentum and could open the way toward $96, followed by the $100-$104 area.
However, buyers still need to prevent a deeper loss of support. A daily breakdown below the rising trendline and the $74 area would damage the bullish structure and increase the risk of a return toward the upper-$60 range.
Solana Pullback Could Open a Major Accumulation Window
Solana may still face a deeper correction before its broader recovery resumes, according to a three-week chart shared by Crypto Patel. The setup highlights a long-term accumulation zone between roughly $30 and $52, followed by a possible move back toward previous highs.
SOL three-week chart. Source: Crypto Patel/X
The chart shows SOL trading near $77 after falling from the $240 resistance area. Price remains below key barriers around $95-$100 and $140, which means the broader structure has not yet turned bullish again.
Crypto Patel identifies the green fair value gap as a low-risk accumulation area. A move into that zone could complete the correction and give long-term buyers a clearer entry, although SOL would first need to stabilize and form a durable base.
The recovery path begins with a reclaim of the $95-$100 range. Holding above that level could improve momentum toward $140, while a later break above $240 would confirm a much stronger long-term reversal.
However, the projected path remains speculative. SOL could recover before reaching the full accumulation zone, while a sustained breakdown below $30 would weaken the chart’s bullish outlook.
