Solana Price Prediction: Losing $73.56 Could Send SOL Back Toward $70

Solana is trying to turn the $73.56-$75 zone into a short-term bottom after trapping sellers below support. Reclaiming $75.62 could push SOL toward $81-$83 first, with $93-$97 possible if momentum continues.

Solana Holds $75 as Bullish Momentum Builds Toward $93

Solana is defending the $74-$76 support zone after briefly sweeping Monday’s low and recovering. The higher lows on the RSI suggest selling pressure is weakening, keeping the short-term bullish setup active.

SOL four-hour chart. Source: Scient/X

The chart shows a swing failure pattern, or SFP, near support, where SOL moved below the previous low but quickly returned above it. This often signals that sellers were trapped and buyers absorbed the liquidity below the level.

Holding above $75 could send SOL toward $81 first, followed by resistance near $85-$89. A stronger breakout could bring the larger $93-$97 area into focus.

However, the setup depends on the current support remaining intact. A clear four-hour close below $74 would weaken the recovery, while losing $72.40 could expose $68.66 and $64.

Solana Tests Monthly Support as Buyers Fight for a Reversal

Solana is attempting to recover after briefly falling below the monthly open near $73.56. Holding this area could form a short-term bottom, but buyers still need to clear nearby resistance before the reversal gains strength.

SOL one-hour chart. Source: TraderSZ/X

Price has moved back above the descending trendline and last week’s low, suggesting the breakdown may have trapped late sellers. However, SOL remains below $75.62, which is the first level buyers need to reclaim.

A clean move above $75.62 could open the way toward $77.62 and $79.61. Stronger momentum would then bring $81.61 and last week’s high near $83.61 into focus.

The setup would weaken if SOL falls back below the monthly open. Losing $73.56 could expose the $72 area and increase the risk of another move toward $70.