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Solana Eyes $82 and $88 Levels as Fresh Buying Momentum Emerges
⬤ Solana is showing fresh signs of life after finding solid footing around lower support on the 4-hour timeframe. The token has climbed back from the $76 zone and is now hovering near $80, testing overhead resistance with renewed buying interest. If this momentum holds, SOL could make a run at the $82 resistance level first, with $88 as the next major target on the radar.
⬤ The current chart layout reveals well-defined horizontal zones that traders are watching closely. $82 acts as the immediate resistance, while $88 represents the next significant barrier if bulls can push through. Right now, price action remains capped below these levels, meaning this is still an early-stage recovery rather than a full breakout. The setup feels familiar—Solana recently went through a similar consolidation phase when it tested key demand zone after stalling near higher levels.
⬤ According to market observers, the token is sitting at a critical inflection point. As one analyst noted, “Solana is positioned between consolidation and expansion toward higher resistance”—a spot that could determine whether the recent bounce extends or fizzles out.
⬤ If buying pressure continues building, SOL has a real shot at challenging the upper boundary of its recent trading range. However, any rejection at current levels could send it back into rotation between support and resistance. This kind of price behavior has been discussed before when SOL held critical support, raising similar questions about direction.
⬤ What happens next matters beyond just Solana. The token’s movement around these technical levels could influence sentiment across major altcoins and signal broader shifts in crypto market direction. Traders are watching to see if this bounce turns into something more substantial or just another swing within the range.