Solana Price Holds Steady Near $95 Amid Bullish Elliott Wave Scenarios

Solana's price has been holding steady near $95 after rebounding sharply from the $60 region, keeping bullish Elliott Wave scenarios alive across short- and long-term charts.

Analysts see a possible fifth-wave advance toward 114-116 before a broader recovery targets 160-180, although a break below $95.13 could expose support at $90.69 and $87.26.

The chart from More Crypto Online shows SOL holding above its immediate Fibonacci support area while trading near $95.92, leaving the broader bullish structure intact for now.

Rod's weekly Solana chart presents a more bullish longer-term interpretation, arguing that SOL may have completed a large A-B-C correction after falling from its 2025 highs and is poised to target a major resistance zone between $160 and $180.