Solana Price Holds Key Support Ahead of Crucial Resistance Test
Solana's price has reclaimed an important former resistance level around $98, keeping its near-term recovery intact despite signs that the broader correction may not be finished.
Technical setups point to $110 as the next major test for Solana's price, while a sustained breakout could eventually shift attention toward the $146-$152 resistance zone.
More Crypto Online describes Solana's short-term structure as a corrective Elliott Wave pattern rather than a confirmed new impulsive advance. The analyst sees the recent price action as a series of overlapping three-wave moves, which is commonly associated with corrections rather than directional trends.
The deeper support zone for Solana sits between $90.46 and $94.83. Holding that area would preserve the possibility of another wave 5 advance once the correction runs its course.