Analysts highlight $40 to $60 as key Solana support, set long term targets at $500 and $1,000

As Solana trades near $72, market attention has shifted to the $40 to $60 price range, a technically significant support level that could define the token’s next big move. While two technical analysts both underscore the critical nature of this zone, their short term projections for SOL diverge, suggesting alternate market scenarios in the weeks ahead.

Major support seen as launching pad for long term gains

According to an analysis shared by CryptoPatel, based on TradingView data, SOL failed to sustain higher levels and retreated back to its previously identified support and entry area. CryptoPatel indicated a personal buying range between $40 and $60, citing long term profit-taking targets set at $500 and $1,000—levels that would represent ambitious upside under bullish conditions.

The immediate region to watch is the $52 to $60 band; if SOL can hold this level, buyers may attempt a recovery towards the $100 mark. For a more robust rally, however, the token would need to overcome the historically strong resistance area between $160 and $220, previously a tough barrier in past cycles.

Targets like $500 and $1,000 on the chart remain plausible only if a broader upward wave materializes, requiring a clear breakout above the $220–$295 resistance range. Presently, the outlook for Solana is marked by longer term potential coupled with significant near-term uncertainty.

Short term outlook points to possible final shakeout

A contrasting technical view from analyst Ardi, also referencing TradingView data, suggests Solana may face one final deep correction before a significant recovery begins. According to this perspective, after pulling back from its previous cycle highs, SOL is currently consolidating within a long term structure—potentially part of a market accumulation phase that could last a while.

In this scenario, the critical area to watch is Solana’s current support zone. Should SOL breach this level, the charts indicate the price could temporarily slip below the established acceptance area, in a move reminiscent of the final capitulation witnessed in 2022, according to Ardi.

Despite this, the bulk of downside risk may already be behind. Should the market see another wave that flushes out weaker holders, and if buyers subsequently return, SOL could recover towards its previous macro resistance zone.

Recovery prospects hinge on support holding firm

Both analyses stress that the longer term outlook for Solana is predicated on the token maintaining its support between $40 and $50. Losing this band could weaken the technical setup, but a quick recovery or continued stability within this zone would strengthen the bullish case and could pave the way for renewed gains.

Should Solana stage a decisive rebound, the prospect of higher prices may resurface, with some analysts seeing this rally potentially stretching into 2027. For now, the market is closely monitoring whether the crucial support area will hold or give way.

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