Solana is trying to stabilize inside weekly demand as traders watch for a breakout from its short-term downtrend. Holding the $60-$68 support region could support a move toward $90, while another dip may be needed to confirm a 2022-style bottom.
Solana Holds Weekly Demand as Bulls Target a Break Toward $90
Solana is trading inside a broad weekly demand zone after recovering above a previous low near $68. The higher-time-frame support remains intact for now, but SOL must break its short-term descending structure before a sustained recovery toward the $90 area becomes more likely.
Solana Weekly Chart. Source: Mayne (@Tradermayne) on X
The Binance weekly chart shows SOL trading near $74 after several months of lower prices. The latest candles remain inside the highlighted demand region, which extends from roughly $64 to $75. Buyers have repeatedly responded within this area, making it the key support zone for the current Solana price outlook.
SOL recently moved below the prior low before recovering above it. That reversal may represent a liquidity sweep, where price briefly breaks support and then returns to the previous range. However, the recovery still needs confirmation because the shorter-term structure continues to slope downward.
Mayne notes that Solana’s 12-hour trend remains bearish. The descending red trendline on the chart highlights the sequence of lower highs that has limited recent rebound attempts. A decisive break above that structure, followed by a successful retest, would provide the first sign that buyers are taking control.
The initial resistance area sits around $80 to $84, near the starting point of the descending trendline. Clearing that zone could open a move toward the 70.5% retracement level at approximately $92.91. This aligns with Mayne’s view that a confirmed structural breakout may allow SOL to return to the $90s.
Above $93, the chart marks a market-structure-break level near $98. A weekly move through that area would strengthen the broader recovery case, although the current setup does not yet confirm such an advance.
On the downside, $68.44 is the most important nearby level. It marks the 79% retracement and sits close to the red horizontal support line. A weekly close below that level would weaken the recovery and expose the lower section of the demand zone near $64.
A deeper break below approximately $64 would invalidate the immediate bullish setup and signal that sellers remain in control. Until SOL clears its descending structure, the move toward $90 should be treated as a conditional scenario rather than a confirmed target.
Solana Tests a Possible 2022-Style Bottoming Pattern
Solana’s three-day chart shows a possible similarity to the market structure that developed around its 2022 bottom. However, the setup remains incomplete because SOL may need another decline before a bullish divergence and durable low can be confirmed.
Solana Three-Day Chart. Source: CRYPTOWZRD (@cryptoWZRD_) on X
SOL was trading near $73.58 when the chart was captured, well below the former support and resistance zone around $98 to $104. Since the beginning of 2026, the price has formed lower highs while repeatedly returning to the $60-$70 region.
CRYPTOWZRD compares this structure with the 2022 decline. During that period, Solana fell below a major horizontal range and later formed a lower price low along a descending trendline. At the same time, the relative strength index, or RSI, produced a higher low. That difference between falling price and improving momentum helped identify a possible bullish divergence near the bottom.
A similar pattern may now be developing. The current RSI is near 44 and has recovered from an earlier oversold reading below 30. Its recent lows are trending upward even as Solana’s price remains under pressure.
The divergence is not fully confirmed, however. SOL may need to revisit or briefly break its recent low near $60-$65 while the RSI remains above its previous low. That would strengthen the argument that selling momentum is fading despite another price decline.
The first bullish confirmation would come from a break above the recent sequence of lower highs. A recovery through approximately $80-$85 would improve the short-term structure and support a move toward the psychological $90 level. Beyond that, the highlighted resistance zone around $98-$104 would become the main test.
On the downside, a decisive break below $60 without a fast recovery would weaken the bottoming comparison. Price could then move closer to the descending support line in the mid-$50s. The setup would lose additional strength if the RSI also established a new low.
The chart therefore presents a possible bottoming process rather than a completed reversal. Solana must defend the broader $60-$68 region and break its descending structure before the historical comparison carries stronger weight.
