Solana's short-term momentum has turned positive as price rebounds from the $78 area and trades near $84-$85. As U.Today reported, the move follows a golden cross on a lower timeframe and a surge in trading volume - positioning SOL for a potential test of the $90 resistance.
The SOL Reversal From $78 That Reset Momentum
The chart shows SOL declining into early April before forming a base near the $78-$80 zone, which aligns with the reported daily low of $78.43. That area marked a turning point where selling pressure faded and price began to stabilize.
From that base, SOL moved higher with a sharp upward candle, breaking above the recent consolidation range and shifting short-term structure away from continued downside. This rebound reflects classic bottoming behavior - a local floor forms, sellers exhaust themselves, and price attempts recovery with renewed participation.
The Golden Cross Supporting the SOL Move
A key technical trigger is the golden cross on a lower timeframe, where the short-term moving average crosses above the longer-term average. This signal aligns with the chart structure, where faster price movement begins to lead the trend after the bounce.
At the same time, trading volume has increased significantly - a meaningful distinction that separates this move from low-conviction bounces that fade quickly. SOL Holds $80, Targets $85-$86 Resistance After Bounce From Reversal Zone captured the earlier stage of this recovery structure, showing how the $80 zone has been functioning as the key line between continued weakness and a viable recovery attempt.
Why $90 Is SOL's Immediate Test
The next resistance sits near $90 - the level now in focus as price recovers into the mid-$80s. The structure follows a simple and readable sequence:
- Bottom formation near $78
- Recovery into the $80-$85 range
- Momentum building toward $90 resistance
The structure follows a simple sequence - bottom near $78, recovery into the mid-$80s, and momentum now building toward the $90 test that will define whether this is a relief rally or something more.
Solana $78 Support vs $95 Resistance Battle outlines the broader range that has been defining SOL's price behavior, placing the current $90 test within a wider structure where $95 represents the more significant ceiling above it.
While the short-term move is constructive, the broader trend remains in recovery mode rather than a confirmed uptrend. The chart shows SOL still rebuilding after a prolonged decline - and $90 is where the market will reveal whether this momentum has enough behind it to extend or whether sellers step back in at familiar resistance. Until that test plays out, the move remains a developing recovery rather than a completed trend shift.
Marina Lyubimova
Marina Lyubimova