Solana Tests Key Support Zone Amid Long-Term Cup-and-Handle Pattern
Solana is currently testing short-term support near $75, while analysts believe it's forming a long-term cup-and-handle pattern. According to CryptoCurb, this formation could drive Solana price toward $80-$84 if it holds the broader support zone.
The cup-and-handle pattern suggests that SOL has moved inside a downward-sloping channel since its 2021 peak and recovery in 2024. If Solana can reclaim the $120-$160 region, it could challenge stronger resistance near $200 and previous highs around $250-$300.
A sustained breakout above these levels could support a long-term price expansion, but reaching a projected target of $1,000 would require substantial growth and multiple intermediate breakouts. On the other hand, a decisive breakdown below approximately $64 would weaken the structure and raise the risk that the handle develops into a broader continuation of Solana's downtrend.
An alternative view from analyst AnnieShr suggests that a successful defense of the $75 support zone could support a recovery toward $79-$80 before SOL attempts a larger breakout above $82. However, SOL remains vulnerable while trading below resistance.