SOL Price Prediction: Solana Eyes $95-105 Recovery by March Despite 10% Correction
Felix Pinkston Feb 28, 2026 06:43
SOL drops to $78.86 amid bearish momentum, but technical analysis suggests potential recovery to $95-105 range within 4 weeks if bulls defend $75 support levels.
SOL Price Prediction Summary
• Short-term target (1 week): $83-85 • Medium-term forecast (1 month): $95-105 range • Bullish breakout level: $89.70 (Upper Bollinger Band) • Critical support: $75.26
What Crypto Analysts Are Saying About Solana
Recent analysis from blockchain industry experts provides mixed signals for Solana's near-term outlook. Felix Pinkston noted on February 27, 2026: "Solana shows mixed signals at $87.41 with neutral RSI and key resistance at $91. Technical analysis suggests SOL could target $95-105 range within 4 weeks if momentum shifts bullish."
Tony Kim's February 24 analysis outlined clear targets: "Short-term target (1 week): $83-85. Medium-term forecast (1 month): $110-135 range. Bullish breakout level: $90.58 (Upper Bollinger Band). Critical support: $72.45."
While specific analyst predictions vary, on-chain metrics from major data platforms suggest Solana's fundamentals remain strong despite the current price correction.
SOL Technical Analysis Breakdown
Solana's current technical picture reveals a cryptocurrency in consolidation after a significant pullback. Trading at $78.86, SOL has declined 9.71% in the past 24 hours, testing critical support levels.
The RSI reading of 37.83 places Solana in neutral territory, suggesting the asset isn't oversold despite the recent decline. This neutral RSI reading indicates potential for both upside recovery and further downside if support fails.
The MACD histogram at 0.0000 signals bearish momentum has stalled, though it hasn't yet turned bullish. This flatlining could indicate an impending directional move as the market decides between continuation of the downtrend or reversal.
Bollinger Bands analysis shows SOL trading near the lower band at $76.89, with a %B position of 0.1548. This positioning near the lower band often indicates oversold conditions and potential bounce opportunities. The upper Bollinger Band at $89.70 represents immediate resistance for any recovery attempt.
Key support levels to watch include the immediate support at $75.26 and stronger support at $71.67. On the upside, immediate resistance sits at $85.19, followed by stronger resistance at $91.53.
Solana Price Targets: Bull vs Bear Case
Bullish Scenario
The bullish case for this SOL price prediction centers on Solana defending the $75.26 support level and staging a recovery toward the upper Bollinger Band. If bulls can push price above $85.19, the path opens toward $89.70-$91.53 resistance zone.
Technical confirmation for the bullish scenario would require RSI moving above 50, MACD turning positive, and volume increasing on any upward moves. A successful break above $91.53 could target the $95-105 range within the next month, aligning with analyst Felix Pinkston's medium-term Solana forecast.
The 20-day moving average at $83.29 represents an initial hurdle, but reclaiming this level would signal the beginning of trend recovery.
Bearish Scenario
The bearish case for SOL involves a breakdown below the critical $75.26 support level. Such a move would target the stronger support at $71.67, representing additional 9% downside from current levels.
Risk factors include broader cryptocurrency market weakness, continued selling pressure from recent highs, and failure to reclaim key moving averages. The wide gap between current price and the 50-day moving average at $105.72 indicates the strength of the recent correction.
If $71.67 fails to hold, SOL could face further declines toward psychological support levels in the $65-70 range.
Should You Buy SOL? Entry Strategy
For those considering SOL exposure, the current technical setup offers defined risk-reward opportunities. Conservative buyers might wait for a successful test and hold of the $75.26 support level before entering positions.
More aggressive traders could consider scaling into positions between current levels and $75, using the $71.67 level as a stop-loss point. This approach provides roughly 3-4% downside risk while targeting 8-15% upside potential toward the $85-90 resistance zone.
Risk management remains crucial given SOL's current volatility of $5.29 (14-day ATR). Position sizing should account for potential swings of 6-7% in either direction on any given day.
Entry near current levels offers favorable risk-reward ratios for patient investors, particularly if Solana can demonstrate technical strength above the lower Bollinger Band.
Conclusion
This SOL price prediction suggests Solana remains in a critical technical juncture following its recent 10% correction. While near-term bearish momentum has stalled, the cryptocurrency needs to demonstrate strength above $75 support to confirm any recovery scenario.
The medium-term Solana forecast appears cautiously optimistic, with analyst targets in the $95-105 range appearing achievable if technical conditions improve. However, traders should remain vigilant of the $71.67 support level, as a breakdown below this point could signal extended weakness.
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry substantial risk, and past performance doesn't guarantee future results.
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