Solana Price Analysis: SOL Shows Early Reversal Signals After Reclaiming $100

Solana is displaying early signs of a possible trend reversal after reclaiming the $100 area, with weekly momentum indicators improving and long-term cycle analysis pointing to a substantially larger upside scenario. Two separate charts suggest $SOL may be emerging from a prolonged bottoming phase, though confirmation still hinges on a sustained higher-high and higher-low structure.

Long-Term Cycle Chart Maps a Potential Path Toward $1,000

Solana's broader market structure is being interpreted as a transition from accumulation and manipulation into a possible expansion phase, with analyst CryptoCurb projecting a long-term move toward $1,000 if the current setup resolves bullishly.

Solana $SOL $1,000 Market Cycle Projection. Source: CryptoCurb (@CryptoCurb) on X

The weekly $SOL/USDT chart divides the market into three phases: accumulation, manipulation, and distribution — a framework popularized by early 20th-century trader Richard Wyckoff, who argued that markets repeatedly move through basing periods (accumulation), false moves that shake out weak hands (manipulation), and markup followed by distribution of holdings into strength. Applying this schema, the accumulation zone covers much of 2024 and 2025, a period in which $SOL traded within a broad range following its recovery from earlier cycle lows.

The chart labels the subsequent decline into 2026 as a manipulation phase, during which $SOL fell below the lower boundary of the previous range before beginning to stabilize near the $100 area. CryptoCurb's thesis is that this breakdown represents a shakeout rather than the start of another extended bearish cycle.

The immediate technical challenge is a sustained recovery above the lower portion of the former range. With $SOL shown near $104, the roughly $110-$120 region serves as an important early resistance zone. A decisive reclaim would strengthen the argument that the breakdown has failed and that price is transitioning back into expansion.

Beyond that point, the projected path becomes considerably more aggressive. The chart shows $SOL potentially advancing toward roughly $600, correcting into the mid-$400s, and later extending toward $1,000 around 2028.

The $1,000 level remains a speculative long-term scenario rather than a confirmed target; the chart does not establish it through a measured move or another independent technical calculation. The bullish case therefore depends first on $SOL reclaiming its former range and subsequently breaking above the major highs formed during the 2024-2025 structure.

Weekly Chart Flashes Bullish Divergence and Fresh Buy Signals

A second weekly chart, from Jesse Olson, reinforces the shorter-term reversal case, showing improving momentum alongside a strong weekly candle and several bullish technical signals.

Solana $SOL Weekly Bullish Reversal Signals. Source: Jesse Olson (@JesseOlson) on X

The Kraken $SOL/USD chart shows $SOL at $105.06 after opening the week at $95.41, reaching $110.61 and trading as low as $93.27 — a weekly gain of about 10.1% at the time shown on the chart.

Olson highlights a sequence of bullish signals that includes bullish divergence, a buy signal, an RSI-related buy signal, and a newly printed green trending dot. The appearance of the green dot is notable because it follows an extended series of bearish trend markers, indicating that momentum conditions may be shifting. Bullish divergence — where price makes lower lows while momentum indicators make higher lows — is widely watched by technical analysts as a sign that selling pressure is fading, though such divergences can persist for extended periods before price turns.

Price has also moved above a visible reference level near $97.72 and is testing the $105-$110 area. A clean move above that zone would improve the short-term structure and raise the probability of a higher high.

The next confirmation would be a higher low following any pullback. That combination would offer stronger evidence that $SOL is shifting from a downtrend into a developing uptrend rather than merely experiencing another relief rally.

The chart also shows a lower reference near $76.77, which acts as a key invalidation area for the developing bullish structure. A sustained move back below that level would weaken the reversal case.

Above current prices, the visible volume profile points to additional resistance around $115-$125, followed by a heavier supply zone near $145-$150. Clearing those levels would provide stronger technical confirmation that the bottoming process has progressed into a broader recovery.

For readers tracking this setup, the key checkpoints ahead are the $110-$120 reclaim on the weekly chart, the formation of a higher low that holds above prior swing lows, and the invalidation level near $76.77 — milestones that would either validate or undermine the reversal thesis independently of the longer-term $1,000 projection.