Solana is trading between two clear chart signals, with one setup showing weak corrective rallies and another pointing to a possible breakout retest. SOL needs to hold the $84 to $85 area and clear nearby resistance before the $125 target becomes stronger. Solana Price Struggles as SOL Rejects Corrective Rallies Solana traded near $84.68 on the 4 hour chart after another rejection from a short term recovery move. The chart shared by More Crypto Online on X shows SOL failing to hold above the nearby resistance zone around $87. The main issue is clear. SOL keeps bouncing, but each rally loses strength before price reaches the larger resistance near $95 to $96. That area acted as a major rejection zone earlier in May. As long as SOL stays below it, the recovery structure remains weak. SOL Corrective Rally Rejection Chart. Source: More Crypto Online on X The nearest support sits around $82, marked by the red horizontal line. If Solana loses that level, the chart points back toward the main range support area between $77.96, $75.41, and $71.92. These levels match the 50%, 61.8%, and 78.6% Fibonacci retracement marks shown on the chart. The orange support zone matters because it has held previous downside moves. A deeper move into that area would not fully break the larger range, but it would show that buyers still lack control. For the upside case, SOL needs a clean move above $87 first. Then, the more important level remains $95 to $96. A break above that zone would weaken the bearish setup and open room for a stronger move toward the higher Fibonacci extension area near $110, $120, and $128. For now, the chart supports More Crypto Online’s point. SOL has not shown enough strength after corrective rallies. The price remains stuck between short term resistance and the main support range, with $82 as the first level to watch. Solana Price Breakout Keeps $125 Target in View Solana traded near $87.60 on the 4 hour chart after breaking out from a large triangle structure. The chart shared by ray on X shows SOL moving above the long descending resistance line that capped price action since February. The breakout is the main point here. SOL spent months moving inside the triangle, with lower highs and higher lows tightening the range. After the breakout in May, price rallied toward $98, then pulled back into the former breakout area. SOL Triangle Breakout Chart. Source: ray on X That pullback looks like a retest. SOL held near the $84 to $85 zone and started moving higher again. This keeps the bullish structure alive as long as price does not lose that support. The first resistance now sits around $90 to $92. If SOL clears that area, the next major level is the previous local high near $98. A clean move above $98 would strengthen the case for a larger rally. The chart’s upside target is $125. That level sits above the previous breakdown zone and marks the main target shown on the chart. However, SOL still needs confirmation. If price falls below $84, the breakout retest weakens. A deeper drop could send SOL back toward $80 or even the lower range near $76. For now, the chart shows a stronger setup than the previous one. SOL has broken the triangle, retested support, and started to recover. The $125 target stays active while price holds above the breakout zone.
