Solana is sitting near a critical support zone that could decide its next major move. Holding above $73.75 may open the door to a recovery toward $150, while a breakdown could expose SOL to deeper losses near $60.
Solana’s $73.75 Support Becomes Make-or-Break
Ali Charts’ Glassnode-based chart shows more than 50 million SOL concentrated around $73.75, making it the largest visible accumulation zone on the map.
Solana $73.75 Support. Source: Ali Charts (@alicharts), data from Glassnode
The chart identifies $73.75 as Solana’s most important near-term support. Because a large amount of SOL changed hands around that price, holders may defend the level if the market returns to it.
A sustained close below $73.75 would weaken the structure and could increase selling pressure. The next major downside area shown on the chart sits near $60, while support appears limited below that level until roughly $50.
The bullish scenario requires SOL to remain above $73.75 and attract buyers on any retest. However, the chart does not provide an upside target, so the analysis should not invent one. The practical takeaway is straightforward: $73.75 separates a possible stabilization from a deeper correction toward $60.
Send the second Solana chart with its X account name and caption. Then I’ll verify the latest SOL price and market news before writing the complete AP-style article.
Solana Chart Points to a Possible Rebound Toward $150
Shah’s long-term chart shows SOL trading near $73.69 after a steep decline, with the analyst projecting a possible recovery toward $150.
SOL $150 Rebound. Source: shah (@shahh), Rollbit
The chart suggests that Solana may be trying to build a base around the low-$70 area after months of selling pressure. Shah expects SOL to rebound sharply toward $150, which would nearly double the token’s value from the charted price.
However, the move remains a bullish scenario rather than a confirmed breakout. SOL must first hold the current support area and begin forming higher lows. A sustained recovery above nearby resistance would strengthen the case for a larger move, while another breakdown below the recent base would weaken the $150 outlook.