Solana (SOL) reflects a strong rebound after it maintained its support level within the zone of $79.88 after recording a minor deviation below it. This showcases its core strength by means of its daily chart patterns. At the time of writing, SOL is trading close to $81.53, up 6.4% on the day.
After months of constant downward pressure and repeated rejections at higher levels, the most recent price action suggests that momentum may finally be changing.
Buyers Push SOL Above $80
The recent move began at a swing low of $75.64, where buyers jumped in quickly. Since then, SOL has gone back up to the $78 level and then back down to $80, closing the day at $81.53 after hitting a high of $82.99 and a low of $78.73.
The 6.4% daily gain came with a higher volume, which means that the market participants were really involved, and it was not just a weak bounce. On the daily time frame, the asset is holding above the order block zone and if the structure flips above $87, it may push the price to its immediate resistance of $100 and $130 if the momentum holds strong. SOL is now trading above the 100-period simple moving average on the hourly chart, which supports the short-term bullish shift.
The rebound has also gone above the 50% Fibonacci retracement of the drop from $86.68 to $75.64. Bulls usually try to build continuation momentum in this price range instead of just making a relief rally.
Crucial Order Block Support
The order block zone, which ranges between $79.88 and $81, is an essential technical area for this digital asset. The price moved into this zone and then bounced back swiftly, which shows that it is a strong demand area. The reaction reflects that larger buyers adequately managed to absorb the selling pressure and initiated a phase of consolidation.
In a bigger picture, SOL lost a lot of support between $140 and $160 in late 2025, which started a long drop below $100. The current price structure is noteworthy because it shows a clear support cluster that is holding up well. The short-term structure remains favorable as long as the asset stays in the zone of $79–$80.
A high volume supported price action above this order block lowers the likelihood of a deeper correction and makes the case for a gradual recovery stronger.
Signs Point to a Change in Momentum
The price action and momentum indicators are starting to line up.
The RSI (14) is now at 37.85, which is higher than 34.77. It’s still below neutral (50), but it’s moving up from being almost oversold. This change shows that the pressure to sell is going down, but the market isn’t too hot yet. If buyers keep control, there is still room for more upside.
The Bollinger Band Percentage is still in the negative at -5.28, but it looks like the compression is starting to ease. In the past, these kinds of situations have come before volatility growth, especially when prices rise above important moving averages. These values together point to stabilization rather than exhaustion.
Important levels of resistance ahead
On the upside, sellers have recently defended levels near $82 and then $84, which are areas of resistance based on Fibonacci. The $82.50 area is very important because it is very close to the 61.8% Fibonacci retracement of the last downward leg.
If the price moves and closes above $82, the chances of it going up to $85 will go up. That zone previously used to be support, but it failed earlier this month, which means it’s now a crucial reclaim zone. If SOL can stay above $85, the next targets for growth are close to $100, as long as the overall market stays positive.
What if the momentum dies down?
If SOL has trouble getting past $82, it might pull back in the short term and test $80 first, then the $79 order block. If the price drops below $79, it would weaken the current consolidating bullish structure and make it possible to drop to $67 (previous swing low).
The next level to watch for a drop is around $74. But the current readings of the momentum indicators do not point to a bearish reversal right away. As long as the price stays above the reclaimed support zone, the technical structure favors buyers for now.
What Makes This Bounce Different
This rebound is different because it comes after a long period of falling prices and failed attempts to recover. This move is more believable than previous rallies because it has a strong defense at $75.64, a break of the descending trend line, and momentum readings that are getting better.
There is also a subtle but important dynamic at play: earlier in the decline, the price made lower lows while momentum indicators showed signs of divergence. That hidden bullish divergence often means that sellers are running out of steam before stronger reversals happen.
What to Expect
SOL’s short-term direction now depends on whether it can stay above $80–$81. If the price breaks above $85, the daily bias will become more clearly bullish, and this could signal the start of a higher low.
If it fails at resistance, it will probably consolidate, but as long as the $79 area holds, the recovery story stays the same. The setup looks cautiously optimistic in the short term because the volume is going up and the indicators are stabilizing.
