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Solana holds on to key support of $78, and analysts say if momentum builds, targets are set at $98 a

2026-07-10 18:50:39
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Solana is struggling at key support levels, with analysts pointing out that if momentum accumulation targets are seen at US$98 and US$417

Macroscopic targets from a weekly perspective

From a weekly chart, Solana is again testing a key horizontal support area while continuing to be suppressed by downtrend lines originating from previous highs. Throughout the market adjustment process, this area has proven to be a position for bulls to defend hard. If this support can be successfully maintained, it will provide a strong basis for sustained recovery over a longer cycle.

analyst Celal Kucuker pointed out that Solana currently displays one of the strongest defensive postures in the market. He believes that as long as the current structure remains unchanged, Solana is expected to hit a new all-time high before the end of the year. Celal Kucuker believes that Solana\'s current structure still leaves room for the upside, and holding strong support makes the possibility of reaching new highs still exist.

On the weekly chart, the first important upward resistance level is around $188.25. Breaking through this level will mark a renewed strengthening of buyer power. From a more macro perspective, the long-term goal is around $417.40, echoing Kucuker\'s forecast of reaching $400 in six to nine months.

However, this optimistic scenario depends on whether resistance levels can be clearly breached. If Solana fails to hold on to current support and continues to stay below the downtrend line, bullish expectations could be hit.

Short-term focus on the US$78 to US$98 range

On the daily chart, Solana is retesting the lower edge of its trading range, which has previously been a reliable support level. The $78 level has now become the buyer\'s core defense area, determining the direction of the short-term structure.

Trades, trader Daan Crypto Trades, emphasized that bulls must hold on to the lower limit of this region. A strong rebound from here would indicate that buyers are active and Solana\'s current price range is maintained. Daan Crypto Trades pointed out that holding the US$78 area is crucial to the short-term outlook. If it continues to gain support, Solana may move back towards US$98.

Time frame Key Support Levels Uplink Target Bit Risk Level Daily Line US$78 US$98 US$67 Weekly line Current horizontal support area US$188.25 and US$417.40 Continue to fall below the trend line

If Solana rebounds from these levels, the initial short-term target is $98, a major resistance area that previously limited upside. However, a daily close below $78 could weaken the bullish outlook and shift attention to lower support areas around $67.

The main signal in the current market is whether Solana can hold the US$78 support level. If that level is maintained, then the $98 target price, and in the longer term, the $188 or even $417 target price, could return to Solana\'s vision.

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