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Solana price nears $79 resistance as momentum improves, eyeing potential breakout.

Technical Signals
09 Aug 2026
Tokenpost
View Source
Bullish
Solana price nears $79 resistance as momentum improves, eyeing potential breakout.

Solana (SOL) is attempting to regain momentum after rebounding from June lows around $62-$63, currently trading near $76.46. The key resistance zone to watch is $78-$79, where SOL has struggled since July, with a daily close above this level potentially signaling a stronger recovery. Momentum indicators like RSI show modest buyer advantage, but the broader trend remains challenging as the 200-day moving average near $90.40 is still declining. If SOL breaks above $79, it could target the $84-$86 range next, while failure to hold support near $74-$75 might lead to a retreat toward $70.

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