Solana Price Stalls at $75, Eyes Potential Move Towards $90
Solana's price has been holding steady around $75 as it defends a critical support zone. Analysts believe that if Solana can hold onto this level, it could set up a move towards $84 and potentially even higher to $90.
According to analyst Ansem, the chart is pointing towards resistance around $83 to $84, which would confirm stronger momentum for the bulls. A sustained move above the current range could send Solana's price towards the June high near $83.10 and weekly resistance around $83.91.
However, Solana must continue holding above the support cluster. If it falls below approximately $73.67, it would weaken the immediate rebound case. Losing $72.46 could expose lower support near $71 and $70.70.