Solana (SOL) Price: Analysts Eye $300 – But First, SOL Needs to Clear This Level

TLDR

• SOL is trading around $85.40, down 0.5% in 24 hours
• Price is below all major EMAs, signaling a bearish structure
• $86.61 is the key short-term breakout level to watch
• Analysts eye $100 as the first major recovery target, with $300–$500 longer-term
• Analyst Mei-Lin is accumulating SOL and sees short-term targets of $250, $460, and $800

Solana has spent the past week trading in a narrow range, with little sign of a decisive move in either direction. The coin has fluctuated between $81.92 and $87.68 over the past seven days, with each recovery attempt running into selling pressure near short-term resistance.

At press time, SOL was trading at around $85.40, down 0.5% over the past 24 hours.

The price briefly moved back above $86 but could not hold that level. That pattern has repeated several times recently, keeping Solana locked in a tight range without a clear trend forming.

Bears in Control of the Chart

Solana is currently trading below its 10, 20, 50, 100, and 200-day exponential moving averages. When price sits below all of these levels, each one acts as resistance rather than support.

Trading below the 200-day EMA is typically viewed as a sign that longer-term momentum remains bearish. Solana has failed to reclaim that level, which keeps the broader structure tilted to the downside.

The 14-day RSI sits at 45.59, placing it in neutral territory. The weekly RSI, however, is at 38.64, which sits in oversold territory and reflects sustained selling pressure over a longer period.

The short-term pivot to watch is $85.26. Above that, $86.61 is the key level SOL needs to close above to open the door toward $88.43. On the downside, a break below $85.26 exposes support at $83.34, and then the $82 area.

Crypto analyst Mei-Lin has been watching SOL closely and says she has been accumulating at current prices. “We’re currently in a strong range on the daily chart; we’re likely gearing up for the next bullish wave,” she wrote on X. Her short-term targets are $250, $460, and $800.

Analysts Watch $100 as the First Big Test

Two separate analyst charts point to $100 as the key level that could change the picture for Solana.

Analyst CryptoCurb shared a chart showing Solana pressing against a descending trendline after building a base. A clean break above that trendline would shift focus to $100 as the next upside area. CryptoCurb compared the setup to NEAR’s recent chart, which showed a similar pattern before breaking higher.

Analyst Borovik says SOL has been stuck below $100 for four months. He sees a move above $300 once the broader bull market returns, with $500 remaining possible within a year. However, that view depends entirely on SOL first reclaiming $100.

If buyers push SOL above $100, the next reference points would be around $125, $150, and $175. For now, Solana continues to build a base in the $80 to $90 range.

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