Analysts Focus on Solana’s $40-$60 Support With Long-Term Targets at $500 and $1,000

Analysts Focus on Solana’s $40-$60 Support With Long-Term Targets at $500 and $1,000

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News Editor 01
2026-07-23 23:50:16
Analysts using TradingView data say Solana’s $40-$60 area is a critical support zone. Holding $52-$60 could open a move toward $100, while a break lower may trigger one more deep shakeout before any broader recovery.
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Solana’s $40 to $60 range has emerged as a key support zone in recent chart analysis. CryptoPatel, citing TradingView data, said SOL failed to hold higher levels and has now returned to a previously identified support and entry area. The analyst’s personal buying range sits between $40 and $60, with long-term profit-taking targets placed at $500 and $1,000.

In the near term, the first area under close watch is the $52 to $60 band. If SOL can stay above that region, buyers may try to push the token back toward $100. A larger recovery would still need much more. The chart would have to clear the historically difficult $160 to $220 resistance zone, which acted as a ceiling in prior cycles.

Higher targets depend on a break above major resistance

The article makes clear that the $500 and $1,000 targets are tied to a broader bullish wave rather than a short-term rebound. For those levels to remain technically plausible, SOL would need a breakout above the wider $220 to $295 resistance area. At this stage, the setup combines long-range upside potential with substantial short-range uncertainty.

A second view, shared by analyst Ardi and also based on TradingView data, points to a rougher path before any stronger recovery begins. In that reading, Solana may still go through one final deep correction after pulling back from prior cycle highs. Ardi sees the token consolidating inside a long-term structure that may reflect an extended accumulation phase.

Ardi sees room for one last shakeout below current lows

Ardi said SOL could briefly move below its current lows before another attempt higher. The analyst described that possibility as a final shakeout ahead of recovery. If the current support zone breaks, the charts suggest price could temporarily slip under the established acceptance area, in a move Ardi compared to the final capitulation seen in 2022.

Even so, Ardi’s assessment does not rule out recovery. The analyst argued that much of the downside may already be behind the market. If another flush removes weaker holders and buyers then return, SOL could climb back toward its previous macro resistance zone. That leaves the short-term picture unstable, while the broader structure remains open.

The $40-$50 band is the main line for the broader outlook

Both analysts converge on one point: Solana’s longer-term outlook depends heavily on whether the $40 to $50 support band can hold. A loss of that area would weaken the current technical setup. A fast reclaim, or continued stability inside the zone, would strengthen the bullish case.

The report also notes that if SOL delivers a decisive rebound, expectations for higher prices could return, with some analysts extending that potential rally into 2027. For now, the market is watching one question above all others: whether this support area holds, or gives way.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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