Solana is trying to stabilize near $76 as traders watch whether SOL can reclaim the key $80-$85 resistance zone and confirm a stronger recovery. While deeper support sits around $67, $60 and $53, analysts see substantial upside potential if Bitcoin bottoms and Solana turns resistance back into support.
Solana Tests Layered Support as Killa Sees Major Rebound Potential
Solana is moving into a broad support area after an extended decline, with the chart highlighting three separate levels where buyers could step in. Killa expects the eventual recovery to be aggressive once Bitcoin establishes a bottom, although the analyst stops short of calling for new Solana all-time highs.
Solana Multi-Level Support and Rebound Setup. Source: Killa on X
The chart marks $76.69 as the first bid level, followed by deeper support at $67.06 and $53.33. SOL has already moved into the upper portion of this demand zone, making the next reaction important for determining whether buyers can stabilize the decline or whether price needs to probe deeper liquidity.
The projected path allows for further volatility before a stronger recovery develops. In particular, the chart suggests Solana could briefly bounce from the current region, revisit lower support and potentially test the $67.06 or even $53.33 levels before reversing higher. These are scenario levels rather than guaranteed downside targets.
Killa’s broader view is much more bullish once Bitcoin finds a durable bottom. The analyst argues that SOL could eventually produce a 100% to 150% move from current levels, even if the token does not immediately return to a new all-time high. That forecast depends heavily on Bitcoin stabilizing and broader crypto risk appetite improving.
For bulls, holding the layered support zone would be the first constructive signal. A stronger confirmation would come if SOL begins reclaiming prior breakdown levels and establishes a sequence of higher lows rather than continuing to slide through the marked bid areas.
The downside risk remains clear. A decisive break below $67.06 would expose the lower $53.33 bid zone, which is the deepest support identified on the chart. Until Solana starts reclaiming resistance above the current structure, the projected rebound remains a conditional recovery scenario rather than a confirmed trend reversal.
Solana Holds Above Long-Term Trend as $80-$85 Resistance Caps Recovery
Solana is showing early signs of stabilization on the weekly chart after breaking above its recent descending trendline, but price still faces a major test directly overhead. Market Watcher identifies the $80-$85 region as the level SOL needs to reclaim and turn into support before the recovery becomes more convincing.
Solana Weekly Trend Break and $80-$85 Resistance. Source: Market Watcher on X
SOL is trading near $76 on the chart, above the longer-term rising trendline that currently approaches the $60 area. That rising support has defined the broader structure across multiple market cycles, making it an important level for bulls to defend if the current rebound loses momentum.
The first challenge is much closer. Price remains below the red resistance zone around $80-$85, an area that has repeatedly limited the latest recovery attempt. A weekly move above that zone, followed by a successful retest as support, would provide stronger evidence that Solana is moving out of its prolonged bearish structure.
The chart also raises the possibility that a large head-and-shoulders downside target has already been reached. SOL has fallen roughly 80% from the marked peak near $296 toward the $60 region, placing price close to the chart’s long-term rising support. However, a completed downside target alone does not confirm that a durable bottom is in place.
Below current price, the rising trendline near $60 is the key technical invalidation area to watch. A decisive breakdown there could expose the larger demand zone shown around the $40-$50 region.
Market Watcher also points to Solana’s on-chain activity, app revenue, tokenized-equity growth and proposed deflationary measures as bullish longer-term narratives. Those fundamental claims add context to the bullish case, but the chart itself still makes the immediate requirement clear: SOL needs to reclaim $80-$85 before the technical recovery gains stronger confirmation.
