Solana Price Eyes Rebound as Bulls Target Key Resistance Zone

Solana's price has been struggling after failing to reclaim higher resistance levels, but it is now approaching an area that has previously attracted buyers.

Traders are watching for a potential recovery towards the $95 and $140 targets as bullish divergence builds on lower timeframes.

The first important level sits around $75, where a move back above this area would improve short-term momentum and could open the door towards the $81-$82 resistance zone.

A breakout above the major descending trendline that has controlled price action throughout the recent decline would be significant, signaling that SOL is no longer trapped inside the current downtrend structure.

The next target after reclaiming this zone would come near $95, with a stronger continuation above that level potentially pushing price towards the larger resistance area between $120 and $140.