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Solana Price Forecast: Can $73.75 support trigger a rebound to $150?

2026-07-29 18:32:32
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Solana is hovering in the key support area, and the game of long and short is imminent.

Solana is currently near a key support level, and the gains and losses of this position may determine its trend in the next stage. If it can hold above US$73.75, it is expected to start a rally with the target pointing to US$150; otherwise, once it falls, SOL may face a deeper correction and fall to around US$60.

US$73.75: Solana's "life-and-death line"

data shows that the cost of holding more than 50 million SOLs is concentrated around US$73.75, making it the most significant chip dense area on the market currently. This price is Solana's most important support level in the short term. With a large number of transactions completed around this price, if the market falls back here again, it is likely that those holding positions will fight hard to defend themselves.

If SOL's daily closing price continues to fall below US$73.75, it will weaken its technical structure and may trigger increased selling pressure. From the chart, the next major downward support area is around $60, and below this price level, there will be more obvious support until the range of around $50.

From an optimistic perspective, SOL needs to stay above $73.75 and attract buying to step in every time it steps back. However, the chart does not give a clear upward target, so the analysis should not be based on groundless speculation. An intuitive conclusion is that US$73.75 is the key watershed that distinguishes "stabilizing shocks" and "deep pullback to US$60."

Chart shows: Solana may be expected to rebound to US$150

A long-term chart shows that after a sharp decline, SOL prices are currently trading around $73.69, and analysts predict it may rebound, with a target of $150. The chart suggests that Solana may be building a bottom near $70 after months of selling pressure. Analysts expect SOL to rebound strongly, hitting $150, meaning its value could nearly double at current chart price levels.

However, this trend is still a bullish expectation and is not a confirmed breakthrough. SOL must first hold on to the current support area and start forming higher lows. If it can continue to recover and break through the upper resistance, it will provide strong support for a larger level of rise; on the contrary, if it falls below the recently formed bottom, the rebound target of $150 will face challenges.

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