NewsBTC
Apr 8, 2026 upd. 8 Jun

Solana rallies above $85, targets $88 resistance for further gains

1 min

Solana jumps 5%+, holds above $85; $88 breakout in focus

Solana (SOL) extended its rebound above $82 and $85. Price is consolidating near $85 and trading above the 100-hour SMA.

A bullish flag broke at $80 on the hourly SOL/USD chart. Price hit $87.04, then pulled back modestly, dipping below the 23.6% Fib of the $78.38–$87.04 move. See the chart from NewsBTC for context here.

Upside levels to watch:

  • Resistance at $85 and $88
  • Break and close above $95 may target $102, then $112

Downside if $88 rejects:

  • Supports at $83.75 and $82.70 (50% Fib)
  • Below $82.70 opens $80, then $75

Indicators:

  • Above 100-hour SMA
  • MACD losing bullish momentum
  • RSI above 50

Solana price chart with key levels