Solana is holding a crucial support zone that could provide the base for its next recovery. A breakout above $98 may open the way toward $120–$125, with some analysts targeting $150 by October.
Solana Holds Range Support as $120 Target Returns
Solana continues to defend the lower boundary of its trading range after recovering from a brief breakdown. Analyst Michaël van de Poppe expects the structure to support an eventual move toward $120.
SOL daily chart. Source: Michaël van de Poppe/X
The main level to hold is around $75, which previously acted as range support. Staying above it could allow SOL to challenge nearby resistance before testing the range high near $98.
A confirmed breakout above $98 would strengthen the path toward the $118–$127 target zone. However, another loss of $75 could delay the rally and expose support around $68, followed by the previous deviation zone near $60–$65.
Solana Could Target $150 by October
Solana could extend its recovery toward $150 by October, according to analyst Shah. The projection depends on SOL building momentum from its current support region and reversing the broader sequence of lower highs.
SOL daily chart. Source: Shah/X
The first major test sits around $90–$100. Reclaiming this zone would improve the structure and open the way toward $120–$125, which could act as the final major resistance before $150.
However, the chart does not yet confirm such a large rally. SOL must continue holding the $70–$75 region, while a breakdown below it could expose the recent low near $60 and invalidate the October target.
