The post Solana Price Analysis: SOL Nears Make-or-Break Point, Is $260 Next? appeared on BitcoinEthereumNews.com. Key Insights Latest Solana price analysis signaledThe post Solana Price Analysis: SOL Nears Make-or-Break Point, Is $260 Next? appeared on BitcoinEthereumNews.com. Key Insights Latest Solana price analysis signaled

Solana Price Analysis: SOL Nears Make-or-Break Point, Is $260 Next?

4 min read

Key Insights

  • Latest Solana price analysis signaled a classic buy-the-dip structure after sliding to $100.
  • While the setup on the four-hour time frame points to a massive rally to $260, a top analyst is convinced that a bottom is imminent before the surge.
  • The 50-period simple moving average between $150 and $160 has often slowed down previous rallies. It’s an important level to watch out for.

The latest Solana price analysis signaled that the slide to $100 may have been a classic buy-the-dip moment. After that sharp correction, traders have started mapping a rebound route, with $260 now back in focus as the upside target.

Still, one leading analyst cautioned that the pattern has not finished forming a convincing bottom. As a result, the market mood could still weaken, with sentiment leaving room for another leg down.

Solana Price Analysis: Make-or-Break Path to $260 Runs Through Stacked Resistance

At press time, Solana analysis showed the price is trading near $99.73. For now, buyers keep stepping in around the $100 mark.

That’s important because it suggests the sell-off may be losing steam. If SOL price can build on this base and keep pushing higher, traders will start talking about $260 again over the longer run.

Even so, the short-term chart shows how rough the move has been. SOL price slid about 25% from its $127 peak before buyers stepped in and defended the $100 support zone, halting the drop and forcing the market to reassess the next direction.

Solana (SOL) price has to push through a few heavy resistance areas before the recovery looks clean. First, traders flagged the $113 to $115 band as a major hurdle.

That area matters because a few key trendlines meet there, so sellers usually show up and try to stop the move.

After that, the next SOL price hurdle is the $125 to $130 range. It’s a popular sell zone because the 50-day EMA and the 50-day SMA sit around there, and those averages often act like a ceiling.

If SOL price can break through both zones and hold above them, then the path opens up for a stronger push higher.

The next magnet sits near the neckline of the setup, around the $150 supply zone. From current levels, that would amount to roughly a 44% climb.

When you step back, the weekly chart adds another key detail. It shows a firm support pocket between $95 and $100, a range buyers have defended before when Solana price bounced from $95 to $250 between April and September 2025.

Is SOL Price Poised for a Dip Below $100?

Even if the SOL price stays up, there’s another wall ahead as per the latest Solana price analysis. On the weekly chart, the 50-week moving averages sit between $140 and $160.

Traders often treat that band like a ceiling, and it has a history of slowing price recoveries. Even so, some traders still think Solana price has room to bounce further if momentum keeps building.

Trader Tardigrade said Solana price rebound from the lower edge of its descending channel could carry price toward the top of that channel, near $215.

Solana Price Analysis | Source: Trader Tardigrade

The weekly chart points to a tough ceiling ahead. SOL’s 50-week moving averages cluster between $140 and $160. This particular  band has often slowed rallies by acting as resistance.

Even so, some traders still expect a stronger rebound. Trader Tardigrade said that the recent Solana price bounce from the lower edge of its descending channel could carry it toward the channel’s upper boundary, near $215.

Solana’s network deposits kept climbing. Its total value locked, which tracks how much value sits inside smart contracts, reached a fresh all-time high of 73.4 million SOL on Monday. At current prices, that stack equals roughly $7.5 billion.

Source: https://www.thecoinrepublic.com/2026/02/04/solana-price-analysis-sol-nears-make-or-break-point-is-260-next/

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