Solana Price Faces Major Technical Hurdle at $90 Resistance as Momentum Builds

The Solana price continues to build a firmer short-term structure on the daily chart, with recent price action reflecting a market that is slowly regaining confidence after earlier weakness. 

Consecutive closes near recent highs suggest that buyers are maintaining control, although the pace of the advance remains measured rather than aggressive. This type of movement often reflects a market that is still testing conviction, where participants are willing to accumulate but remain cautious around nearby resistance.

The short-term moving average structure supports that interpretation. The SOL price remains above the faster trend line, while the shorter average is now climbing above the broader medium-term average. 

Daily chart for SOL/USD

Daily chart for SOL/USD (Source: GeckoTerminal)

That usually signals that buying interest is becoming more consistent and that pullbacks are being absorbed rather than accelerating lower. The fact that the Solana price continues to hold this alignment indicates that short-term sentiment has shifted in favor of bulls, even if the broader trend still requires stronger confirmation.

Momentum Indicators Suggest Bulls Are Regaining Control

Momentum readings point to a market where bearish pressure is fading and buyers are beginning to establish a stronger presence. 

The MACD continues to recover, with positive histogram expansion showing that upside momentum remains active even though the broader trend has not yet entered a fully aggressive bullish phase. This often signals that a recovery phase is underway, but that stronger volume is still needed before the market can enter a sustained breakout.

The RSI also supports a constructive outlook. Rather than showing overheated conditions, it reflects balanced strength where buying pressure has edged above selling pressure without pushing into exhaustion territory. This matters because it leaves room for further upside if resistance levels begin to break, while also suggesting that the current advance is not yet stretched enough to trigger immediate technical exhaustion.

Resistance Near $90.85 Remains The First Major Test

The immediate technical challenge sits at $90.85, which now acts as the first important resistance zone. 

A move through that level would likely strengthen bullish conviction because it would confirm that recent upward momentum is translating into real structural progress. 

If the Solana price closes above that barrier with conviction, attention could begin shifting toward the higher resistance areas near $132.24 and $135.86, although those remain broader targets that would require significantly stronger market participation.

The current area matters because markets often hesitate at nearby resistance when momentum is improving but not yet dominant. If buyers fail to secure a clean break, short-term profit-taking could emerge before another attempt higher develops.

Order Book Walls Show Heavy Selling Pressure Above Solana Price

Order book positioning highlights why the market may hesitate as it approaches overhead resistance. 

A notable ask wall near $92 suggests that sellers are actively defending that level, making it the first significant barrier just above current trading conditions. If buyers absorb that supply, the next visible sell clusters near $94 and $95 could become immediate upside obstacles.

Those sell walls are important because clearing them would signal that demand is strong enough to absorb visible liquidity rather than retreat from it. If this happens, short-term upside acceleration becomes more likely because resistance would begin thinning between the current Solana price and higher levels.

Support Zones Below Price Continue To Attract Buyers

Below the current price, buyers appear active in several important areas. 

The $85 zone is especially relevant because it sits close to recent trading behavior and aligns with short-term support from the moving averages. A break below this region would expose stronger defensive liquidity near $84, where a larger bid wall suggests that buyers may step in more aggressively.

The strongest visible support remains near $80, where a substantial concentration of buy orders indicates that larger participants may view that level as a deeper accumulation zone. 

If the price were to break through the nearby supports and test that lower area, the broader support cluster around $81.61, $81.59, and $78.40 would become increasingly important for trend preservation.

Trade Setups Depend On Whether Bulls Clear Near-Term Supply

For bullish setups, stronger confirmation would come from a sustained move above $90.85 combined with successful absorption of the $92 sell wall. 

In that scenario, traders may look for continuation toward the next overhead liquidity zones while managing exits near visible supply levels where selling pressure could reappear.

For bearish setups, rejection near resistance could create short-term downside opportunities, particularly if the Solana price loses momentum and falls back below nearby moving-average support. In this case, initial downside focus would return to $85 and $84, while deeper weakness could bring the broader support region back into play.

At present, the technical structure leans cautiously bullish because the Solana price remains supported, momentum continues improving, and buyers are defending recent gains. However, the market still needs to prove that it can overcome visible overhead supply before a stronger upside trend can be confirmed.

Disclaimer: The information presented in this article is for informational and educational purposes only. It does not constitute financial advice. Ecoinimist is not responsible for any losses incurred. Readers should exercise caution before acting on this content.

Author

  • Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

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Steven Walgenbach

Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

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