The post Bulls Eye Recovery, Risks Remain appeared on BitcoinEthereumNews.com. Solana is showing signs of a rebound, but both charts suggest the recovery stillThe post Bulls Eye Recovery, Risks Remain appeared on BitcoinEthereumNews.com. Solana is showing signs of a rebound, but both charts suggest the recovery still

Bulls Eye Recovery, Risks Remain

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Solana is showing signs of a rebound, but both charts suggest the recovery still faces major resistance. While short term upside levels are back in focus, the wider structure still leaves room for another sharp drop before any larger breakout attempt.

Solana Chart Points to Volatile Path as Analyst Keeps $110 and $50 Levels in Focus

A daily Solana chart shared by X user Celal Kucuker outlined a volatile price path after two earlier targets at $145 and $65 were already met. The Binance SOL/USDT chart showed Solana trading near the upper part of a recent rebound, while the analyst marked $110 as the next upside level still in play and $50 as a possible downside target if weakness returns.

SOL/USDT 1D Chart: Source: Celal Kucuker on X

The chart used a descending channel and several horizontal levels to frame Solana’s broader structure. According to the setup, Solana first fell toward the $66 area, then bounced and moved toward a projected zone near $111.32. That level appeared to align with descending resistance, making it an important test area before any stronger move higher could develop.

At the same time, the chart also kept a lower path open. After a possible move toward $110, the projected line showed Solana dropping toward roughly $50.42 before reversing sharply. From there, the longer term path pointed to a breakout rally that could eventually extend toward the $361 area, well above the upper resistance band marked near $250 and the blue target line around $361.04.

The main takeaway from the chart was that Solana remained inside a broader corrective structure even though a rebound was underway. As a result, the analyst’s roadmap suggested that short term upside toward $110 may come first, but that the market could still face another deep drop before any larger bullish breakout attempt.

Solana Chart Signals Recovery Attempt as Analyst Maps Route to Higher Resistance

A one hour Solana chart shared by X user TraderSZ pointed to a possible recovery setup after a recent decline into support. The Coinbase SOL/USD chart showed Solana moving near a lower horizontal zone while the analyst marked a projected rebound path that could carry price back through several resistance levels if momentum strengthens.

SOL/USD 1H Chart: Source: TraderSZ on X

The chart highlighted a descending trendline from the recent highs, with the projected move showing Solana first reclaiming that falling resistance before testing the next horizontal barrier. From there, the path suggested a stair step advance toward higher levels around the marked resistance zones near $87.54, $91.21, and the 2025 low area near $95.16.

Support zones also stood out clearly on the chart. The green horizontal area marked the first level Solana needed to defend, while lower support bands near $80.20, $78.14, and $76.53 remained in view if the recovery attempt fails. As a result, the setup framed the current move as an early rebound effort rather than a confirmed breakout.

The broader message from the chart was that Solana may be trying to reverse short term weakness, but it still needs to clear descending resistance and reclaim overhead levels before bulls can argue for a stronger trend shift. Until then, the structure remains a recovery attempt inside a market that recently traded lower.

Source: https://coinpaper.com/15826/solana-price-prediction-bulls-eye-recovery-risks-remain

Market Opportunity
Areon Network Logo
Areon Network Price(AREA)
$0.01593
$0.01593$0.01593
+13.54%
USD
Areon Network (AREA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Chorus One and MEV Zone Team Up to Boost Avalanche Staking Rewards

Chorus One and MEV Zone Team Up to Boost Avalanche Staking Rewards

The post Chorus One and MEV Zone Team Up to Boost Avalanche Staking Rewards appeared on BitcoinEthereumNews.com. Through the partnership with MEV Zone, Chorus One users will earn extra yield automatically. The Chorus One Avalanche node has a total stake of over 1.7 million, valued at around $55 million. This collaboration will introduce MEV Zone to both public nodes and Validator-as-a-Service. The Avalanche network stands to benefit from fairer and more efficient markets due to enhanced transparency. Chorus One, a highly decorated institutional-grade staking provider, has inked a strategic partnership with MEV Zone to enhance yield generation on the Avalanche (AVAX) network. The Chorus One partnered with MEV Zone to increase the AVAX staking yields, while simultaneously contributing to the general growth of the Avalanche network. “At Chorus One, we see this as an important step in our ongoing journey to provide robust infrastructure and innovative yield strategies for our partners and clients,” the announcement noted.  Why Did Chorus One Partner With MEV Zone? The Chorus One platform has grown to a top-tier institutional-grade staking ecosystem, with more than 40 blockchains, since 2018. In a bid to evolve with the needs of crypto investors and the supported blockchains, Chorus One has inked several strategic partnerships in the recent past, including MEV Zone. In the recent past, MEV Zone has specialized in addressing the Maximal Extractable Value (MEV) challenges on the Avalanche network. The MEV Zone will help Chorus One’s AVAX node validator to use Proposer-Builder Separation (PBS). As such, Chorus One’s AVAX node will seamlessly select certain transactions that are more profitable when making blocks. For instance, MEV Zone will help Chorus One’s AVAX node validator to capture arbitrage and liquidation transactions more often since they are more profitable.  How will Chorus One’s AVAX Stakers Benefit Via This Partnership? The Chorus One AVAX node has grown over the years to more than 1.77 million coins staked, valued…
Share
BitcoinEthereumNews2025/09/18 03:19
NYDFS Mandates Blockchain Analysis for Banks’ Digital Asset Offerings

NYDFS Mandates Blockchain Analysis for Banks’ Digital Asset Offerings

Detail: https://coincu.com/news/nydfs-blockchain-guidance-digital-assets/
Share
Coinstats2025/09/17 23:40
[OPINION] Bowels of the earth, limitless energy source

[OPINION] Bowels of the earth, limitless energy source

RUSSIAN OIL. File photo shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023.
Share
Rappler2026/03/30 18:00