BULLISH
SOL
TYLER
RARE
WOULD
The crypto market is once again eyeing Solana. A technical signal identified on its weekly charts, previously observed during strong upward phases, has just been confirmed. This return occurs in a still fragile environment where investors are seeking benchmarks. Between historical precedent and critical price levels, the asset finds itself at a pivotal moment in its trajectory.
The market closely watches the return of a bullish MACD crossover on the weekly chart, a technical signal which, in the past, preceded significant price rises of Solana.
This setup is closely monitored by analysts, as it often occurs at pivotal moments in the market cycle. Analyst Tyler Hill reminds us: “the last time we were in this setup, it marked the bottom of Solana’s bear market, and its price then rose by more than 3,000%”. Such a signal today fuels the hypothesis of a potential reversal.
At the same time, the weekly RSI reinforces this interpretation. The indicator is currently rising around 35 after hitting 25, a zone historically associated with capitulation phases. Thus, in the previous cycle, this level preceded a strong rise, with a move from less than $10 to around $210. The combination of the MACD and RSI forms a technical confluence observed repeatedly during market recoveries.
Here are some elements structuring this logic :
On the chart and on-chain data, Solana now evolves in a symmetrical triangle structure, a pattern generally associated with compression phases before a directional move. The breakout from this formation could determine the price trajectory in the short and medium term.
A breakout above the $90 zone would pave the way for a target estimated around $130, representing an upside potential of about 50.5% according to technical projections.
This outlook remains conditioned on the market’s ability to cross a dense resistance zone located between $90 and $96, where nearly 9.9 million SOL are concentrated. Such a level represents a major friction point likely to slow bullish momentum. Despite this, some observers anticipate a strong move. Analyst Sixtysecondalpha even mentions“the most powerful move” to come, highlighting a potentially decisive phase for the asset.
Solana’s evolution now depends on its ability to turn these technical signals into real market momentum. Between accumulation and selling pressure, the next phase could redefine the trend for the coming months. A breakout validation would reinforce the scenario of a return to a bullish phase, while a rejection below resistance would prolong uncertainty.