SOL Price Prediction: Solana Targets $97 Resistance Amid Technical Recovery
Lawrence Jengar Feb 26, 2026 06:53
SOL Price Prediction Summary • Short-term target (1 week): $92-$97 • Medium-term forecast (1 month): $95-$115 range • Bullish breakout level: $97.73 • Critical support: $82.02 What Crypto Ana...
SOL Price Prediction Summary
• Short-term target (1 week): $92-$97 • Medium-term forecast (1 month): $95-$115 range
• Bullish breakout level: $97.73 • Critical support: $82.02
What Crypto Analysts Are Saying About Solana
While specific analyst predictions from key opinion leaders are limited in recent trading sessions, institutional forecasts remain optimistic for Solana's trajectory. InvestingHaven recently noted that "Solana's bullish cup and handle pattern is forecasted to resolve higher" with SOL confirming "predicted support around $111." Their analysis suggests "SOL max price targets for 2026 are in the $255 to $480 range."
CoinPriceForecast maintains a more conservative outlook, projecting "the forecasted Solana price at the end of 2026 is $156.64."
According to on-chain data from major exchanges, SOL has demonstrated resilience above key technical levels, with trading volume reaching $469.4 million on Binance spot markets alone, indicating strong institutional interest.
SOL Technical Analysis Breakdown
Solana's current technical setup presents a mixed but increasingly bullish picture. Trading at $87.65, SOL has gained 7.55% in the past 24 hours, breaking above several key moving averages.
The RSI reading of 45.93 positions SOL in neutral territory, providing room for upward movement without entering overbought conditions. This Solana forecast suggests potential for continued momentum without immediate reversal pressure.
MACD analysis reveals bearish momentum is weakening, with the histogram at 0.0000, indicating a potential shift in trend direction. The convergence between MACD lines suggests momentum could turn bullish in the near term.
Bollinger Band analysis shows SOL trading at 77% of the band range, closer to the upper band at $90.64 than the lower band at $77.51. This positioning indicates building bullish pressure as SOL approaches resistance levels.
Key moving averages paint a recovery story: SOL trades above the 7-day SMA ($83.60) and 20-day SMA ($84.07), though remains below the 50-day SMA ($108.03) and 200-day SMA ($158.48), indicating medium-term resistance ahead.
Solana Price Targets: Bull vs Bear Case
Bullish Scenario
In the bullish case, SOL price prediction models target the immediate resistance at $92.69 as the first hurdle. A decisive break above this level with volume confirmation could propel Solana toward the strong resistance zone at $97.73.
Technical confirmation would require RSI breaking above 50 and MACD histogram turning positive. The daily ATR of $5.12 suggests SOL has sufficient volatility to achieve these targets within a 7-10 day timeframe.
Extended bullish targets align with the 50-day moving average at $108.03, representing a 23% upside from current levels. This Solana forecast would require broader crypto market support and sustained buying pressure.
Bearish Scenario
The bearish scenario focuses on the immediate support at $82.02. A breakdown below this level could trigger selling toward the strong support zone at $76.39, representing a 13% downside risk.
Critical risk factors include MACD remaining in negative territory and failure to reclaim the Bollinger Band middle line at $84.07 on a sustained basis. The 24-hour low at $81.43 serves as a crucial floor for the current recovery attempt.
Should You Buy SOL? Entry Strategy
For traders considering SOL positions, the current technical setup offers defined entry and exit points. Conservative buyers should wait for a pullback to the $84-85 range, near the 20-day moving average, which has provided recent support.
Aggressive traders might consider entries on breaks above $90.64 (upper Bollinger Band) with tight stops below $87. This approach captures momentum but carries higher risk.
Stop-loss placement should consider the daily ATR of $5.12. Setting stops 1.5x ATR below entry points ($7.68) provides room for normal volatility while protecting capital.
Position sizing should account for SOL's elevated volatility, with maximum risk of 1-2% of portfolio value per trade.
Conclusion
The SOL price prediction for the coming week favors a bullish bias, with targets at $92-97 appearing achievable based on current technical momentum. The 7.55% daily gain demonstrates renewed interest in Solana, while neutral RSI readings suggest room for further appreciation.
However, traders should remain cautious given SOL's position below longer-term moving averages. The medium-term Solana forecast depends on broader crypto market conditions and SOL's ability to sustain trading above $87 support.
Disclaimer: Cryptocurrency price predictions involve significant risk. Past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before trading.
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