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Solana's SuperTrend turns bullish, signaling possible trend reversal if it breaks $85 resistance.

Technical Signals
12 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Solana's three-day SuperTrend indicator has turned bullish for the first time since October, suggesting a potential trend reversal after months of weakness. This shift is supported by strong on-chain activity, including 100 million SOL leaving exchanges and 1.4 million new addresses joining the network, indicating growing adoption and reduced selling pressure. However, Solana faces a major resistance zone between $76 and $85, which must be overcome with a three-day close above $85 to target higher prices at $100 and $127. A drop below $70 would invalidate the bullish outlook and could lead to a deeper correction toward $53.

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