Solana is trying to stabilize after the recent downward pressure, with the $85 level emerging as a key support area. Price action is starting to show early signs of base formation as bulls look to defend this area and slow the broader decline. While the short-term structure indicates a possible recovery attempt, a stronger shift in momentum will likely require a decisive push towards higher resistance levels.
Solana is showing early signs of stabilization near the key zone
In a recent one technical shortMakroVision Research highlighted that Solana is starting to show the first signs of stabilization after the recent period of weakness. While the broader market structure remains under pressure, current price behavior suggests that selling momentum is slowing, allowing the market to attempt a short-term recovery phase.
According to the analysis, Solana is currently consolidating just above the USD 85 level, a price zone of significant importance in the short term. At the same time, the chart forms a slightly rising structure characterized by gradually higher lows. As this pattern develops, the price once again approaches the upper limit of the formation, indicating market participants are testing whether enough momentum exists to push the price higher.
Despite these constructive short-term developments, the broader trend remains bearish. Solana is still trading well below the descending red trendline, which continues to confirm the prevailing downtrend.
A trendline break at $100 could signal a bullish shift
The analyst further emphasized that a clear break above the descending red trendline around the $100 level would represent the first meaningful bullish signal for Solana in the current market structure. This signals that buyers are starting to regain control, potentially opening the door for a stronger recovery and a shift in short-term momentum.
On the other hand, the outlook remains cautious as long as price continues to trade below that key trendline resistance. If Solana approaches the $100 area but faces another strong rejection, it would reinforce the idea that the broader downtrend remains firmly intact.
In the short term, Solana appears to be stabilizing after the recent downturn and trying to build a potential base structure. The emergence of gradually rising lows indicates that buyers are starting to defend current levels, which could provide a basis for a possible upward move if momentum improves.
For the bullish scenario to gain momentum, holding the $85 support level remains crucial. As long as this zone continues to act as a bottom, the market retains the opportunity to move higher. A sustained recovery from the $100 level would be the real turning point in the improvement of the overall technical outlook, while repeated rejections would confirm the existing downtrend.