Solana Trades Near $85 in $80–$95 Range as Analysts Eye Breakout Above $90 Toward $110–$120
Solana is trading near $85 within a consolidation band between $80 support and $95 resistance, with analysts noting a base structure that has formed over the past 30 days. Analyst Ali Martinez identifies a 4-hour horizontal range from $76 to $90, with an $83 midpoint guiding short-term direction; a move above $90 would open higher resistance levels, while a drop below $76 could signal bearish continuation. Shiller describes a tight daily channel between $80 and $88 where buyers absorb supply at the lower band, though resistance near $90 caps rallies and volatility remains compressed. Shah highlights a corrective pattern from a $145 peak to $80 and says repeated higher lows between $80 and $95 show weakening selling pressure, with a confirmed break above $95 potentially targeting $110–$120, while loss of support could shift focus to $70–$75.