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Solana nears breakout with $68.02 key support; potential rise to $98 and long-term $1,000 target under watch.

Technical Signals
01 Jun 2026
Coinpaper
View Source
Neutral
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Solana (SOL) is currently trading within a tightening range between two trendlines, with $68.02 identified as a critical support level to maintain its bullish outlook. A breakout above this range could push SOL toward $98 initially, with further resistance levels at $110.54, $120.47, and $126.95. On a longer-term scale, analysts see potential for SOL to break out of its consolidation phase and target $1,000, but this requires confirmation by surpassing the upper boundary of its current range. If SOL falls below $68.02, the bullish scenario would weaken, leaving the price in a decision phase between buyers and sellers.

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