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Solana surges past key resistance, signaling a strong technical comeback with potential consolidation ahead.

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

Solana (SOL) has made a significant comeback in 2026, rising from around $75 to over $104, breaking through major resistance levels including the 50-day, 100-day, and 200-day moving averages. This breakout suggests a stronger technical foundation compared to assets like Hyperliquid that remain below long-term resistance. However, the recent surge has caused overbought conditions, making further gains between $105 and $110 riskier and increasing the likelihood of price consolidation. The critical support level to watch is around $90, which if successfully defended, could confirm a true trend reversal and solidify Solana's growth trajectory.

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