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Solana tests key support zone, holding above $78.81 keeps bullish trend intact.

Technical Signals
20 Apr 2026
Coinpaper
View Source
Neutral
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Solana (SOL) is currently testing a critical micro support zone between $81.75 and $80.53 after a recent pullback from local highs. This area aligns with important retracement levels and could represent a wave two correction if the price remains above $78.81, which is the deeper invalidation point for the bullish outlook. While short-term momentum has weakened as SOL lost rising support, holding above this support band would suggest the pullback is a retest within an ongoing uptrend rather than a bearish breakdown. If SOL maintains support near $82, the bullish reversal setup remains valid, potentially leading to another move higher toward recent highs. A break below $78.81 would weaken the bullish case and signal a broader pullback.

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