Solana is approaching an important zone as one chart tracks a long term support line and another points to possible short term weakness toward $75. Together, the setups show a market that is still searching for a base while facing pressure under nearby resistance. Solana Tests Major Support as Chart Maps Make or Break Range Solana is trading near a long term support area as a chart shared by DonWedge raises the question of whether the bottom may already be in. The daily chart shows SOL moving close to a rising support line near $61.78, while a much higher descending resistance line points to $183.36 as the broader breakout target. Solana Daily Chart. Source: DonWedge The setup suggests Solana is sitting in a compressed range after a long decline from earlier highs. More recently, the chart shows a small upward sloping channel forming near the lower part of the structure. However, price appears to be slipping out of that short term channel, which may signal weakening momentum in the near term. At the same time, the larger pink trendline remains the main level to watch on the downside. That line comes in near $61.78 and acts as the broader support zone on the chart. In other words, as long as Solana stays above that area, traders may still argue that the market is trying to build a base. On the upside, the yellow descending trendline marks the larger resistance level. The chart places that line near $183.36 in the future, showing where a broader recovery could face pressure if Solana starts a stronger rebound. Still, the chart does not show a confirmed breakout yet, so that level remains a distant target rather than an active one. For now, the structure looks undecided. Solana is near support, but the short term price action has not turned clearly bullish. Therefore, the chart suggests the bottom could be forming only if SOL continues to defend the lower trendline and avoids a deeper breakdown. Solana Rejection Keeps Focus on $75 Support Zone Solana faced another rejection at a nearby micro resistance area, according to a chart shared by MCO Global. The setup suggests the market may still print another low, with the area around $75 standing out as the main support zone to watch if selling pressure continues. Solana 1H Chart. Source: MCO Global The one hour chart shows Solana failing to hold a short term rebound after moving into a resistance cluster marked by Fibonacci retracement levels. That rejection came inside the zone between roughly $80.44 and $84.72, where the chart places the 23.6%, 38.2%, and 50% retracement levels. As a result, the recovery attempt has weakened before any stronger breakout could develop. On the downside, the chart highlights a broader support range below the market. The first key level sits near $77.91, while deeper support levels appear near $75.38 and $71.91. MCO Global said the area around $75 is the most important place to watch if Solana forms another low, which keeps attention on that lower band as the likely defense zone. For now, the short term structure remains under pressure. Solana has not broken higher through resistance, and the chart still leans toward another dip before a stronger recovery can begin. Therefore, the next move lower may test whether buyers step in around the $75 support area.
