NewsBTC
Apr 14, 2026 upd. 8 Jun

Solana tests $88 resistance, targets $92 breakout and $100 next

1 min

Solana rebounds above $85 and holds the 100‑hour SMA. SOL consolidates near $87 and tests $88 resistance.

Solana reclaims $85, eyes $88–$92

Solana (SOL) broke a bearish trend line at $83.60 and cleared $86.85 intraday. Price holds above the 23.6% Fib of the $81.32–$86.85 leg and trades over the 100‑hour SMA. Chart via NewsBTC.

Correlation stayed positive with Bitcoin (BTC) and Ethereum (ETH), which also advanced. Context: NewsBTC on BTC’s breakout, NewsBTC on ETH support.

  • Immediate resistance at $86.80 and $88
  • Main resistance at $92; extensions to $100 and $102 on a close above $92
  • Initial support at $85.50; stronger at $84.00 (50% Fib of $81.32–$86.85)
  • Below $84 risks $82; close under $82 opens $76.50

Hourly MACD turns more bullish. RSI stays above 50.