Solana is approaching a decisive stretch after more than 500 days have passed since its previous market peak. Analyst CryptoCurb says that timeline now exceeds the roughly 420 days it took SOL to reach a bottom during the 2022 decline, raising the possibility that the current correction may be entering a critical phase.
CryptoCurb identifies the $60 area as a notable long-term accumulation zone. At the same time, the analyst says a move to above $600 should be treated as a scenario drawn from historical pattern comparisons, not as a certainty. Recent calls for a drop toward $40 have also been compared with the deep pessimism seen in 2022, when some market participants were discussing levels as low as $4.
Cycle comparison puts focus on the length of the correction
The analysis looks back at the post-2021 decline, when SOL formed its cycle low in about 420 days before posting a strong recovery. This time, the correction has already lasted longer. That is the key point. Some traders see that as a sign that downside pressure may be fading, although the time count alone does not confirm a reversal.
CryptoCurb’s framework centers on two ideas: the long-term importance of the $60 region and the need for price action to rebuild a broader upward structure if Solana is to repeat the type of recovery seen in the prior cycle. The higher target is part of the discussion, but it is not presented as a fixed outcome.
$70 to $72.58 becomes the main short-term test
In shorter-term analysis, More Crypto Online says SOL has reached its Elliott Wave extension target in the $70 to $71 zone, putting the $70 to $72.58 area under close watch. Several technical levels are clustered there: the 38.2% Fibonacci retracement sits near $67.92, the 100% extension is around $70.78, and the 50% retracement band falls between $70.61 and $72.58.
That overlap matters because it turns the area into more than a routine ceiling. It is a direct test of whether the recent advance can keep going. A clean move through the zone would support the recovery case, while repeated rejection would leave open the view that the latest rise has been only a corrective bounce.
Support at $61.75 to $63.05 remains key
Below the market, analysts are monitoring $61.75 to $63.05 as the support band that needs to hold to preserve the short-term bullish structure. If SOL stays above that area, the current rebound remains intact. If it breaks down, the recent strength could come under renewed pressure.
For now, the setup is narrow and clear: resistance is concentrated between $70 and $72.58, while support sits at $61.75 to $63.05. Longer-cycle comparisons and short-term chart signals are pointing to the same issue. The next move will depend on whether Solana can break through overhead resistance or slips back after the recent rally.