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Solana holds $85 support amid consolidation; breakout above $90 could push price to $100+ soon.

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

Solana (SOL) is trading around $85, maintaining support between $80 and $85 after a period of sideways movement within a tight 10% range over 90 days. Technical analysts see potential resistance at $90–$92, with a breakout above this level possibly driving SOL to $100 and beyond, targeting $125 and higher. Despite a decline in active wallet addresses from 5.01 million to 2.89 million, social sentiment is at its strongest since early 2025, indicating growing optimism. Momentum indicators show market equilibrium, but a confirmed breakout or breakdown will likely trigger a significant 20–30% price move.

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