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Coinpaper 2026-05-05 17:35:15

Solana Price Prediction: SOL Breakout Watch as Bulls Eye $100

Solana is holding near $85 as two daily charts show price tightening above the $80 to $85 support area. Analysts now point to $100, $125, and even $135 to $145 as possible upside zones if SOL breaks above nearby resistance. Solana Holds Near $85 as Chart Shows Early Recovery Setup Solana traded near $85.04 on the daily SOL/USD chart shared by WebTrend, while price continued to move sideways after a sharp decline from the November and January highs. The chart shows SOL holding above the $80 to $85 area after forming two rounded support reactions. The first appeared near the February low, while the second formed around early April. These reactions suggest sellers lost some pressure near the same lower price zone. Solana Base Recovery Chart: Source: WebTrend on X SOL remains below the larger moving average structure, including the long-term purple line near the $115 to $120 area. That keeps the broader trend under pressure, even though the short-term chart has started to flatten. The green target box sits around the $135 to $145 zone. For SOL to move toward that area, price first needs to break above the nearby resistance around $90 to $100, where previous candles rejected in March. A clean move above that zone would give buyers stronger control and could open the path toward the higher moving average area. However, failure to break above resistance could keep SOL inside the current range near $80 to $90. For now, the chart shows Solana trying to build a base after months of selling. The setup stays stronger if SOL holds above the recent support area and starts closing above the short-term moving averages. Solana Tightens Inside Triangle as Analyst Eyes Move Above $100 Solana traded near $84.13 on the daily SOL/USD chart shared by Ray, while price compressed inside a tightening triangle after its sharp February sell-off. The chart shows SOL forming lower highs and higher lows between roughly $70 and $97. This structure means price has been moving inside a narrowing range, with buyers defending higher lows while sellers continue to cap each recovery attempt. Solana Triangle Breakout Chart: Source: Ray on X Ray said he thinks SOL will move above $100 very soon. The chart supports that view only if Solana breaks above the upper trendline, which sits near the $85 to $90 area. A clean breakout above that trendline could open the way toward the March high near $97. After that, SOL would need to reclaim $100 to confirm stronger upside momentum. The chart also shows a higher target label at $125. That level sits above the breakout zone and could become a later target if SOL clears the triangle and holds above $100. However, the setup weakens if SOL loses the lower trendline near the $80 to $82 area. In that case, price could revisit the lower range near $70 to $75, where the triangle started after the February drop. For now, SOL is near the point where the triangle ends. The next move depends on whether price breaks above the upper trendline or falls back below the rising support line.

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