Solana Price Recovery Hinges on Breakout Above $83
Solana's price has been recovering from its brutal summer, showing genuine signs of structural recovery. The asset currently trades in the $76 to $77 range, down over 40% year-to-date, but the past two weeks have shown a real shift in momentum.
The next hurdle sits at the 100-day EMA near $78.44, followed by the psychological $80-$83 resistance zone. A sustained breakout above $83 opens the door toward $100.
On the other hand, failing to hold $75 risks a retest of $70, with a breakdown below that potentially sliding toward $60. Prediction markets currently assign roughly a 64% probability that SOL reaches or exceeds $80 by end of August.
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