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Solana nears bullish breakout with key resistance at $98; targets $107 and $117 if confirmed.

Technical Signals
15 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Solana (SOL) is showing a potential bullish setup with a monthly cup and handle pattern forming after recovering from 2022 lows. Since February, SOL has traded between $78 and $98, with $88 as a pivot point. A daily close above $98 could push prices toward $107 and $117, signaling a breakout. Support levels at $92, $89, and $78 are crucial to maintain the bullish outlook, while a drop below $78 would invalidate it. SOL also broke out of a long-term descending channel and is consolidating near $92–$95, indicating a possible trend reversal if it sustains above $95.

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