Solana's Aggressive Surge May Not Be Over Yet
Solana's price action has been quite aggressive since breaking out of its August range. The coin spent most of that month trading sideways between $72 and $80, but in September it surged to a high near $120 on the 22nd before sellers stepped back in.
Zooming into the daily chart, a demand zone is visible between $76 and $81, almost exactly where the September rally launched from. This area also lines up with the old July high near $84.50, which flipped from resistance to support once price closed above it.
The rising trendline connecting the June low, the August range floor, and the breakout candle itself has been respected by pullbacks so far, favoring buyers over sellers in the daily structure.
On the four-hour chart, September 16 becomes the anchor point, a swing low near $96. SOL broke structure twice from there, first clearing $115 and then printing a fresh high above $120 a few days later.