Solana’s Bullish Trend Intact Despite Short-Term Correction: Next Targets Revealed

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Solana Structure Remains Bullish Despite Short-Term Correction Pressure

After a significant price increase, Solana is currently experiencing a brief pause as some investors take profits, which is causing the upward momentum to slow down. However, the overall trend still looks positive, as the price remains above important support levels. If buyers step in and push the price past nearby resistance, Solana could continue to rise within its larger uptrend.

First Target Zone Cleared Following 10% Breakout Rally

Solana’s market is currently showing a positive trend after recently breaking through a significant resistance level. Analyst Bitcoin Meraklısı notes that the price surged almost 10% to reach its initial target. However, after hitting that level, some investors started selling to realize profits, which caused a slight pullback.

The recent drop in price is currently seen as a temporary dip, not the start of a larger downward trend. Analysts expect some pullbacks after a significant price increase, and believe a move down to around $92 would still be within a normal, healthy pattern.

For Solana’s price to start rising again, it needs to climb back above the $98 resistance level and stay there. If it does, that would suggest buyers are back in control and could lead to further price increases, as shown in the chart. While the price has slowed down recently, there aren’t any strong indications that the overall upward trend is reversing.

Solana Breaks Out Of Long-Term Descending Channel

CryptoXLARG’s analysis shows that SOL has broken out of a months-long downward trend, which is a major change in its price pattern. It’s now stabilizing between $92 and $95, building a base that could lead to a sustained price increase after a period of decline.

For the price to keep going up, it first needs to firmly break past $95. If it does, that could open the door to further gains, with potential targets at $102.70, $106.50, and even $118.26. According to CryptoXLARG, if the market gains significant momentum, prices could eventually reach as high as $143 or $163.

Currently, the price around $92 is key to keeping the short-term positive outlook. If the price starts to fluctuate more, further support can be found around $89 and $78. If the price falls below $78, it could signal the end of the current upward trend and potentially lead to a larger drop, possibly back to $70. Overall, whether this recent price increase continues depends on Solana maintaining its position above the $95 level. Falling below $92 would be a concerning sign and likely weaken the current trend.

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2026-05-15 02:10