Solana has triggered its first SuperTrend buy signal on the 3-day chart since 2025, reigniting optimism among traders. The signal comes after a prolonged bearish phase that saw SOL drop roughly 74% from prior highs. With improved technical indicators, rising network activity, and key resistance at $84, analysts believe the cryptocurrency could target $90 in the near term.
First Buy Signal in Years
The SuperTrend indicator, widely used to gauge market momentum, switched from sell to buy on the 3-day timeframe for the first time since 2025. The previous sell signal preceded a steep decline, making this reversal noteworthy. While no indicator guarantees future performance, the alignment of multiple technical tools has boosted market confidence.
Price Levels to Watch
Solana is currently trading around $77.97. The immediate resistance stands at $84. A decisive breakout above this level could open the path toward $90. On the downside, support lies between $73 and $77. As long as the price holds above this zone, the bullish outlook remains intact.
Network Activity Strengthens
Beyond charts, Solana’s blockchain fundamentals are improving. Active wallet addresses, transaction volumes, and real-world asset (RWA) tokenization projects are all showing growth. This on-chain strength adds credibility to the technical signals.
Technical Indicators Align
Multiple indicators — including RSI, MACD, and moving averages — are now flashing buy signals on daily timeframes. Short-term momentum has clearly improved, though the monthly trend remains weaker. The combination of indicators gives analysts more confidence in a potential rally.
Risks Remain
Despite the positive signals, Solana remains highly volatile. A failure to break $84 could lead to consolidation or a retest of the $73–$77 support zone. Broader market conditions, Bitcoin’s performance, and macroeconomic news also pose risks. Investors are advised to conduct their own research before making decisions.
Final Thoughts
The first SuperTrend buy signal since 2025 has injected fresh optimism into the Solana market. With strong technicals, growing network use, and improving sentiment, many traders expect a move toward $90 and possibly higher if $84 is cleared. However, caution is warranted given crypto’s inherent volatility.
Leave a Reply