Solana's Price Tests Pivotal Technical Area Amid Cycle Analysis and Breakout Bets
Solana's price has been trading near a pivotal technical area, and both short-term and long-term charts suggest a broader recovery from recent weakness may be on the horizon.
A cycle analysis by CryptoCurb suggests that Solana may have formed a major bottom, which could support a longer-term move toward $1,000. The analyst argues that the current decline has lasted roughly 147 days longer than the previous top-to-bottom sequence, indicating that the bearish phase may be mature rather than at the beginning of another major leg lower.
The chart projects an aggressive multi-year recovery, with SOL accelerating through several hundred dollars during 2027 before eventually testing and exceeding $1,000 around 2028. However, this is a long-term bullish scenario, and future price action still needs to confirm that SOL has actually entered a new uptrend.
In the short term, Daink's daily chart presents a bullish setup centered on a breakout from the descending trendline that has capped Solana since its July rebound. If buyers can turn the current consolidation into a confirmed trend reversal, several upside levels may be in view, including $82.25, $98.40, and $130.70.