Solana Prints Weekly Buy Signal as Price Tests $95

Solana's price has rebounded sharply from its recent lows, approaching an important weekly technical signal. Analyst Jesse Olson notes that Solana is printing a weekly buy signal after rebounding from the mid-$70s to about $95.

This setup suggests a possible trend reversal, but for confirmation, Solana must reclaim the 100-105 resistance zone. The chart shows Solana trading near $95.28, with the current candle up about 27.8% after opening around $74.54.

A sustained weekly move above the blue long-term trend indicator at $108.76 would strengthen the case that buyers have regained control and could turn the roughly 100-110 region into support. On the downside, a drop below the recent base around $75 to $80 would weaken the current setup.