Solana (SOL) recently faced rejection near the $98 resistance level but continues to hold important short-term support around $88 to $93. The price remains within a defined channel between $78 and $98, with a daily close above $98 needed to confirm a bullish breakout. If SOL breaks above $98, targets of $107 and $117 are possible. However, failure to break this level could lead to a pullback toward $88 or even $78 support. The short-term support near the 50% Fibonacci retracement level around $90.25 has helped buyers defend the price, keeping the potential for another move toward $97 alive. Losing this support could weaken the bullish setup and push prices lower.
Kaiko Research reports that Bitcoin's dominance in the crypto market is strengthening in 2026, with large-cap altcoins like Ethereum, Solana, XRP, and Cardano showing higher volatility and tighter correlation to Bitcoin's price movements. While some ...
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Solana has been trading within a $78-$98 channel since February, with $98 as a key resistance level. A daily close above $98 could push Solana's price toward $107 or even $117, signaling bullish momentum. Meanwhile, Forward Industries, the largest co...
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