Victoria Bazir
Solana is showing renewed bullish momentum on the 1-hour chart after reclaiming $93.14 - a level that held as resistance through a multi-week distribution phase. Price is now trading near $95, sitting above this zone. According to analyst Ali Charts, this reclaim signals a structural shift, with the former distribution range now acting as a potential support floor.
$93 Reclaim Flips the Structure - $102 and $113 Now in Range
The chart confirms SOL has transitioned from a lower trading range into a higher structure, with $93.14 now acting as a pivot point. Holding above it is critical for continuation. The next resistance levels sit at $102.67 and $113.16, aligning with prior rejection zones visible on the chart.
As covered in Solana Tests $96 Resistance After Bouncing 25% From $76 Low, price advanced from the $76 area toward the mid-$90s before testing resistance - the same trajectory now playing out again.
This reclaim signals a structural shift - the former distribution range is now acting as a potential support floor.
Price action shows a clear sequence of higher lows and higher highs following the rebound from the $76-$80 region - a sign of strengthening momentum and growing buyer control. This pattern mirrors the setup described in Solana Exits Downtrend and Targets $95-$100 After Holding $77 Support, where reclaiming the $90-$93 zone was identified as a trigger for further upside expansion.
Holding $93 Is the Key - Structure Points to Expansion Phase
The current SOL setup reflects a potential shift from consolidation into expansion. Broader continuation scenarios were also outlined in Solana Holds $85.10 as $96-$104 Target Stays in Play, highlighting how defending key levels can sustain bullish momentum toward higher targets. The reclaimed $93.14 level now acts as the foundation - maintaining it is essential. A move through $102 and $113 would confirm continuation and signal that SOL has entered a stronger directional phase.
Victoria Bazir
