Solana price turns cautiously bullish as SOL holds above $70, with traders watching the $80 breakout level for a possible move towards $90 and $95.
Solana price is gaining attention again as SOL trades near $70.67 after slipping around 1.82% in the last 24 hours, according to Brave New Coin data. The token is still holding above the $70 area, but buyers have not yet confirmed a clean trend shift.
Solana Price Shows Early Breakout Attempt
The chart shared by ChiefraFba shows Solana price pressing against a descending trendline after a long corrective move. The key technical point from the chart is that SOL is starting to show strength, but it still needs a clean breakout above the trendline before the move can be trusted.
Solana tests a descending trendline near the $72–$75 reclaim zone, with a breakout potentially opening the path towards $80 and $90. Source: ChiefraFba via X
The immediate reclaim zone sits around $72–$75. If SOL breaks above this area, the next major target becomes $80. A confirmed move above $80 would shift momentum more clearly in favor of buyers and open the path towards the $90 region. If SOL is rejected from the trendline again, the price could rotate back towards $ 65–$ 68.
Solana Price Prediction Hinges on $80 Breakout
The $80 level is now the first major upside target for Solana price. It sits above the current downtrend structure and suggests that the latest bounce is becoming more than a short-term relief move.
Solana price trades at $71.44, down 0.43% in the last 24 hours. Source: SOL price via Brave New Coin
If bulls reclaim $80, the next upside levels become $90 and $95. The $90 area also appears important on the liquidity map, while $95 is the first real recovery target after a trendline breakout. Until SOL clears $80, the market remains in a cautious recovery phase.
Tokenized Stock Volume Strengthens the SOL Narrative
Tokenized equities on Solana crossed a new daily volume high of $553 million. Whale Factor highlighted that Solana’s network activity is expanding beyond standard crypto trading and meme coins, with tokenized stocks becoming a growing on-chain use case.
Solana tokenized equities hit $553M in daily volume. Source: Whale Factor via X
This strengthens the broader Solana narrative, but price action still needs to confirm. If SOL continues holding above $70 while ecosystem activity improves, buyers may have more confidence pushing the price towards $80 and $90. However, the technical breakout still matters most in the short term.
Daily Trendline Break Remains the Main Confirmation
The daily chart still needs one clear confirmation before the bullish case becomes stronger. Dami-Defi pointed out that Solana price needs a daily close above the descending trendline, while the weekly MACD has not yet crossed bullish.
SOL needs a daily trendline close to confirm a move towards $80 and $95. Source: Dami-Defi via X
This keeps the setup balanced. If SOL closes above the trendline and then pushes through $80, the first real target becomes $95. But without that daily confirmation, the chart remains vulnerable to another rejection. In that case, SOL could stay trapped between $70 support and the $75–$80 resistance zone.
Liquidity Map Points to $50 or $90 Next
The liquidity map shows SOL sitting between two major liquidity zones. Ted Pillows’ chart shows that upside liquidity is visible near $90, while deeper downside liquidity sits closer to $50.
SOL liquidity sits between $90 upside and $50 downside zones. Source: Ted Pillows via X
This makes the current $70 area very important. If Solana price holds $70 and breaks above $75–$80, the market could start moving towards the upside liquidity near $90. But if $70 fails, the price may first slide towards $65–$60. A deeper move below $60 would put the $50 zone back on the table.
Falling Wedge Keeps Long-Term SOL Target Alive
The broader chart still shows SOL trading inside a large falling wedge pattern. DonWedge’s setup highlights price compressing near the end of the wedge, with SOL still close to the lower boundary, while the larger structure suggests a possible breakout later.
The chart also highlights a much larger target near $233.23 if SOL eventually breaks out of the falling wedge. That is not an immediate target, but it keeps the long-term bullish case alive. Before that can matter, SOL must first reclaim $80, then $95, and later move back above $100.
SOL’s falling wedge keeps the long-term $233 target alive. Source: DonWedge via X
Major Resistance Levels Remain Overhead
Solana price still has several important levels above the current price. The first is the $72–$75 region, which aligns with the descending trendline. This is the area bulls need to reclaim before the market can start pricing in a stronger move.
The bigger resistance levels are:
$75: trendline reclaim area
$80: first breakout confirmation
$90: upside liquidity zone
$95: next major recovery target
A move above $80 would improve the short-term Solana price prediction, while a push through $90–$95 would show that buyers are starting to regain stronger control.
Outlook: Solana Price Prediction Turns Bullish Above $80
Solana’s outlook is improving, but the breakout is not confirmed yet. The chart is showing early strength, network activity is improving, and the falling wedge setup keeps the long-term bullish case alive. Still, SOL needs to reclaim $75 first and then break above $80 to shift momentum properly.
If Solana price clears $80, the next targets sit near $90 and $95. A move above $95 would make the recovery structure much stronger and could put $100 back into focus. On the longer timeframe, the falling wedge target near $233 remains possible only after a much larger trend reversal.
For now, the Solana price prediction remains cautiously bullish above $70. Holding this level keeps the recovery setup alive, but the real confirmation comes above $80. If SOL fails to defend $70, the market could revisit $65–$60 before another breakout attempt.
