The cryptocurrency Solana (SOL) has failed to sustain its recent breakout attempt and is now at risk of losing the important 80 USD level. The drop below the 20-day moving average has left its mark. Ongoing volatility across global financial markets is weighing on the altcoin. Over the past week, the high-speed blockchain has lost more than ten percent in value. The probability of a decline toward yearly lows has increased again over the past seven trading days. This analysis highlights which support levels must now be defended to preserve the chance of a recovery.
Key levels investors should monitor in the short term
Several factors are currently acting as headwinds for Solana. Continued uncertainty in the Gulf region, combined with inconsistent statements from US President Donald Trump, has triggered significant volatility in both equity and crypto markets. Additionally, the Solana blockchain was shaken by a hack of the DeFi protocol Drift. A directional decision around 75.69 USD appears likely in the near term.
To prevent a sell-off toward yearly lows, SOL must defend the gray support zone between 80 USD and 75 USD on a daily closing basis. A key bullish signal would be a swift recovery above the EMA20 (currently around 85 USD). If SOL reclaims this level, the turquoise resistance zone — which has acted as a major barrier in recent months — would return to focus. A sustained drop below 75 USD, however, would likely send the price directly toward the 67 USD low, increasing downside momentum.
Solana: Bullish scenario for the coming weeks
Bullish price targets:
85 USD, 89–93 USD, 97 USD, 105–112 USD, 117 USD, 123–125 USD
The repeated failure to break higher threatens to become a negative factor for bulls. Uncertainty surrounding Donald Trump’s statements has further unsettled crypto investors. Current trend dynamics point downward. Bulls must defend the 75 USD level and push the price back toward the EMA20. A move above 85 USD would reduce the risk of new lows in the short term.
If Solana manages to return to the key zone between 89 USD and 93 USD, buyers will need strong momentum. A dynamic recovery above the 50-day moving average (EMA50) would be an important signal. A sustained breakout above this area would bring the previous monthly high at 97 USD back into focus.
If SOL stabilizes above 93 USD and continues higher, the probability of a move toward the red resistance zone between 105 USD and 112 USD increases. This area has been highly relevant in recent years and coincides with the 50% Fibonacci retracement of the current movement. Profit-taking is likely in this zone. Only a breakout above 112 USD would open the path toward at least 117 USD. If bullish momentum continues, the rally could extend toward the purple target zone between 123 USD and 125 USD.
