Solana’s chart structure is now approaching two key technical zones that could shape its next move. Recent onchain data and technical patterns show where strong resistance and potential reactions may appear.
Solana Faces Key Resistance as $115.04 Level Emerges Above $85.55
Solana’s price structure shows a clear resistance zone forming above the $85.55 level, according to data shared by analyst Ali Martinez on X and onchain metrics from Glassnode. The chart highlights $115.04 as the next major resistance level for SOL if the price maintains support above the lower band. This level represents a concentration of supply where many holders previously accumulated tokens.
Solana URPD Chart. Source: Glassnode / X
Meanwhile, the Glassnode distribution data shows that the largest cluster of Solana holders sits near $82.60. That area acts as a strong support region because many investors purchased SOL around that price. As long as the asset trades above this zone, the probability of continued upward pressure increases because holders in profit typically show less selling urgency.
However, the next major barrier appears significantly higher. The chart indicates a dense supply wall around $115.04, where a large number of tokens were previously bought. If Solana approaches that level, early holders who entered near that price could sell to recover positions, which may slow the upward move.
Therefore, the price range between $85.55 and $115.04 now forms the key structure for Solana’s short term trajectory. If buyers maintain momentum above the lower boundary, the market could test the higher resistance zone where supply concentration increases.
Solana Ascending Triangle Breakout Points to 200 Week Moving Average Test
Solana formed an ascending triangle pattern on the four hour chart, according to analysis shared by market analyst CryptoBullet on X. The structure shows rising lows pressing against a flat resistance line, which typically signals building buying pressure as traders accumulate positions near the upper boundary.
Solana Ascending Triangle Breakout Chart. Source: CryptoBullet on X
The chart highlights a breakout above the triangle resistance. After the move, the next technical area appears near the 200 week moving average. That level sits around the $98 to $103 region and represents a long term technical reference often monitored by traders and institutional market participants.
Meanwhile, the analysis also outlines a possible reaction zone near that moving average. If Solana reaches the 200 week moving average, sellers could appear near that region because historical technical levels often attract profit taking. As a result, the level could act as a temporary resistance area before the market decides its next direction.
However, the broader chart structure shows that the triangle breakout remains the key short term signal. The pattern developed after several higher lows formed, while horizontal resistance capped previous attempts to move higher. Once that ceiling broke, the chart projected the next technical area around the long term moving average.
Source: https://coinpaper.com/15214/solana-price-prediction-breakout-eyes-103-and-115
