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Solana nears a 'mini golden cross' for the first time since 2025, signaling potential price recovery.

Technical Signals
19 Aug 2026
UToday
View Source
Bullish
pluang ai news

Solana (SOL) is approaching a 'mini golden cross,' a bullish technical indicator where short-term moving averages converge, for the first time since 2025. Currently trading around $77, SOL's recent price momentum shows signs of recovery after falling to $60 in June. If SOL breaks above the $78–$80 resistance level, it could trigger further gains toward its long-term moving average near $89. However, the broader trend remains cautious as SOL is still down 38% this year, and failure to hold above $75 could lead to further declines. This development suggests an early recovery signal rather than a confirmed new bull trend.

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