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Solana holds $64-$68 support but remains bearish below key resistance; breakout could target $82-$94.

Technical Signals
07 Aug 2026
Coinpaper
View Source
Neutral
Solana holds $64-$68 support but remains bearish below key resistance; breakout could target $82-$94.

Solana (SOL) is currently trading near $74, holding above a critical support zone between $64 and $68, but it remains below a descending resistance line, keeping the broader trend bearish. A sustained breakout above this resistance could lead to a corrective rally toward the $82-$94 range. However, if SOL falls below the $64-$68 support zone, it risks further declines. Despite network upgrades promising faster performance and better economics, the price chart has yet to confirm a bullish reversal, and the downtrend remains intact until SOL breaks above key resistance and establishes higher highs.

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