Solana Holds Near $78 as Traders Watch $90 and Key Support Zone

Solana Holds Near $78 as Traders Watch $90 and Key Support Zone

N
News Editor 01
2026-07-22 20:50:14
SOL traded at $78.19 with technical indicators still leaning bullish. Analysts are focused on the $72-$75 support area, while $85.50 and $90 remain the next levels to watch.
Solanatechnical-analysisBollinger-BandsMACDaltcoins

Solana (SOL) was last seen trading at $78.19, up 0.20% over 24 hours. Daily volume came in at $1.98 billion, while market capitalization stood at $45.56 billion. Even with uncertainty elsewhere in crypto, SOL has stayed active, with price action holding close to the upper part of its recent range.

$72 to $75 remains the support zone in focus

Crypto analyst BATMAN said in a technical review dated July 11, 2026 that Solana is retesting a key demand area while still trading inside an ascending channel. The setup remains constructive as long as SOL holds above the $72 to $75 range. That area is now the main line traders are watching.

If buyers continue defending that zone, the analysis points to a possible move toward $90. Above that, the next major resistance is seen near $100. For now, the market is treating the support band as the foundation of the current bullish structure.

Bollinger Bands place the next resistance at $85.50

SOL is trading above the mid Bollinger Band at $75.85, a sign that the short-term trend still has strength. The upper Bollinger Band sits at $85.50, making it the next notable resistance level. A clean push through that area could bring in stronger bullish participation.

On the downside, the lower Bollinger Band at $66.19 is being watched as an important support threshold if selling pressure rises. In practical terms, traders are looking at a tight map of levels: support at $72 to $75, trend confirmation around $75.85, and resistance at $85.50 and $90.

MACD stays positive, but momentum is easing

The MACD remains above the zero line, keeping the broader short-term picture positive. The MACD line is at 1.64884, ahead of the signal line at 1.49573. Still, the histogram reads 0.15311, suggesting the pace of the recent advance is slowing.

That does not point to a breakdown by itself. It does mean the next sessions matter more. If the MACD line stays above the signal line and buyers keep price above support, SOL could continue pressing toward $85.50 and $90. A decisive breakout beyond those levels would strengthen the case for a test of $100.

The report also noted that Solana’s standing as a scalable blockchain platform continues to keep it prominent in digital asset markets, drawing attention from both retail and institutional traders as its developer ecosystem expands.

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