Solana Nears $80 as $73-$76 Support Holds and $81-$84 Resistance Comes Into Focus

Solana Nears $80 as $73-$76 Support Holds and $81-$84 Resistance Comes Into Focus

N
News Editor 01
2026-07-23 20:05:18
Solana is trading near $80, with traders watching whether the former $73-$76 resistance can hold as support and whether price can break through the $81-$84 resistance band.
SolanaSOLtechnical analysiscrypto market

Solana is trading close to $80, and the chart is now centered on two price zones: support at $73 to $76 and resistance at $81 to $84. After the recent breakout, the lower band that capped upside moves through June has shifted into a support area, making it one of the key levels on the market’s radar.

$73 to $76 flips from ceiling to support

During June, the $73-$76 range repeatedly blocked advances and acted as firm resistance. That changed after the breakout. Alpha Crypto Signal said Solana’s higher-time-frame bullish structure remains intact as long as price stays above this former resistance zone. SOL is also holding above both its 9-day EMA and 50-day SMA, a setup many traders read as technically constructive.

Analysts say any pullback into the $73-$76 region would serve as an important test. If buyers defend that area, the breakout case stays alive and the path higher remains open. If price slips back below it, the latest move could lose credibility, with sideways trading returning to the picture.

$81 to $84 is now the short-term hurdle

After rebounding sharply from its June lows, Solana has started probing the $81-$84 resistance band. This area is widely viewed as the next major barrier, where sellers may try to regain control. Always Win said a rejection from that zone could lead to a larger downward move before any fresh major rally resumes.

Under that bearish scenario, the main downside target on the chart is $49, which analysts tie to deeper support levels. Still, that view depends on Solana failing to break and hold above the $81-$84 range. A decisive and sustained close above $84 would weaken the short-side case and shift attention back to the ongoing recovery.

Two price bands are setting the next move

Solana’s fast infrastructure continues to support its standing among DeFi and token projects. For now, traders are watching a simple setup. If $73 to $76 keeps acting as support and $81 to $84 is cleared, the rally narrative stays in place; if not, pressure could return quickly.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.