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Solana holds key $50-$81 zone, signaling potential recovery after past huge rally.

Technical Signals
09 Jun 2026
Coinpaper
View Source
Bullish
pluang ai news

Solana (SOL) has re-entered a critical Fibonacci retracement zone between $50 and $81, a range that previously preceded a massive 2,200% rally. Analysts highlight this area as a key support level that could set the stage for a recovery if buyers defend it successfully. While SOL remains below major resistance levels near $98.60 and $297, holding this zone is crucial for building bullish momentum. Broader market conditions, especially Bitcoin's performance, remain a risk factor, but if support holds, Solana could target higher levels and possibly a long-term rally toward $1,000 in a new altcoin cycle.

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