Solana is holding a critical support area near $74 to $75 while its SOL/BTC trading pair shows early signs of renewed strength. Analysts cited in the source said that maintaining this zone could leave SOL positioned for a move toward $84, followed by $90 and a broader chart target near $98.

SOL Defends $74 Support as $84 Resistance Comes Into Focus

Solana has remained above a key support zone near $74 after pulling back from recent highs, keeping its short-term recovery structure intact. Analyst Ansem said SOL could start moving higher soon, with the chart pointing to resistance in the $83 to $84 range.

SOL four-hour chart. Source: Ansem/TradingView

The chart showed SOL trading near $75.50 after buyers defended a support cluster between roughly $74.18 and $74.31. That area had previously acted as resistance before the July breakout, making the latest retest significant for the bullish technical structure described in the analysis. In technical analysis, a former resistance area that holds as support is often watched as evidence that buyers are still active at higher levels.

If SOL sustains a move above its current range, the first area of focus would be the June high near $83.10 and weekly resistance around $83.91. A clearance of that zone would indicate stronger momentum in the chart setup and could open the way toward the broader target near $98.40.

However, SOL still needs to remain above the support cluster. A break below approximately $73.67 would weaken the immediate rebound case, while a loss of $72.46 could expose lower support near $71 and $70.70.

The broader bullish setup would come under greater pressure if SOL fell below $67.50. Until then, the chart continues to show a possible recovery structure, although buyers would still need to reclaim $84 before the projected move toward $98 becomes more credible.

SOL/BTC Breakout Adds Focus to $90 Scenario

Solana is also defending the $75 area as its trading pair against Bitcoin begins to break away from a descending structure. Analyst Justin Bennett said that holding above $75.06 through the daily and weekly close could confirm a bullish deviation and support a recovery toward $84, followed by the May imbalance near $90.

SOL/BTC four-hour chart. Source: Justin Bennett/TradingView

The chart showed SOL/BTC recovering from the lower boundary of a falling channel after several weeks of underperformance against Bitcoin. The early move above descending resistance suggests Solana may be starting to regain relative strength against BTC.

A continued SOL/BTC recovery toward roughly 0.0012586 BTC would support the bullish dollar-price scenario, particularly if SOL also keeps support above $75.06. Relative strength against Bitcoin is often watched as a sign that demand is not only tied to a broader crypto market rebound, because it compares Solana’s performance directly with the largest crypto asset rather than only against the U.S. dollar.

The first major resistance level in dollar terms remains near $84, where SOL previously encountered selling pressure. A confirmed break above that area could open a path toward the unfilled imbalance around $90.

Still, the setup depends on Solana holding the $75 region into the higher-time-frame close. A move back below support would weaken the deviation and suggest that the SOL/BTC breakout may have failed. Traders following this setup would likely continue watching whether the daily and weekly closes confirm support above $75.06, since higher-time-frame closes are commonly used to filter out short-lived intraday moves.

For now, Solana’s structure remains constructive above $75. If the token holds that level while SOL/BTC continues moving higher, the case for a move toward $84 and potentially $90 would strengthen.

Source: https://coinpaper.com/33492/solana-price-prediction-sol-holds-75-as-breakout-setup-targets-90