Solana Pivotal Moment: Reclaiming $80-$85 Resistance Zone Key to Stronger Recovery
Solana's price has been trying to stabilize near $76 as traders await its potential rebound from the current decline. Analysts see substantial upside potential if Bitcoin bottoms and Solana turns resistance back into support.
According to Killa, a significant rebound is likely once Bitcoin establishes a durable bottom. The analyst expects SOL to eventually produce a 100% to 150% move from current levels, although this forecast depends heavily on Bitcoin stabilizing and broader crypto risk appetite improving.
The chart highlights three separate support levels: $76.69, $67.06, and $53.33. If Solana can reclaim the key $80-$85 resistance zone and turn it into support, a stronger recovery would be confirmed. However, if price breaks below $67.06, the lower $53.33 bid zone could be exposed.