While Solana continues to stay above the critical support zone, the upward trend is maintained in the technical outlook. The fact that buyers stepped in during the recent pullbacks indicates that the price may test new resistance areas.
Support zone stands out in the short-term outlook
SOL traded at $78.19 as of July 11, 2026. The daily trading volume of the asset, which increased by 0.20 percent in the last 24 hours, was 1.98 billion dollars and its market value was 45.56 billion dollars. Despite uncertainty in the broader market, trading remained stable.
Cryptocurrency analyst BATMAN states that Solana price is retesting the important demand zone while moving within the ascending channel. As long as SOL remains above the support area between $72 and $75, the current price structure remains positive.
BATMAN assesses that Solana maintains its ascending channel structure and the technical outlook remains bullish as long as the $72 to $75 range is maintained.
If this range is maintained, a move towards the $90 region may be paved. The next strong hurdle lies at the $100 level. The price settling above the resistance zones may strengthen the expectation of transition to the next upward phase.
Technical indicators pointed to buyers’ dominance
Bollinger Bands data also showed that buyers came to the fore in the short term. SOL price is trending above the middle band at $75.85, while immediate resistance points to the upper band at $85.50. Below, the lower band at $66.19 is watched as important support in case the selling pressure increases.
Mini dictionary: Bollinger Bands are a technical analysis indicator used to measure price volatility and possible support and resistance zones. The middle band usually shows the short-term trend, and the upper and lower bands show the usual limits of price fluctuation.
| Indicator | Level | Meaning |
|---|---|---|
| support zone | 72 to 75 dollars | Critical area for maintaining upstream structure |
| close resistance | $85.50 | If exceeded, purchases may gain strength |
| Target regions | 90 and 100 dollars | Levels monitored after the resistance break |
The MACD indicator continued to remain above the zero line. The MACD line is at 1.64884 and the signal line is at 1.49573. The decline of the histogram to 0.15311 indicates that there has been some weakening in momentum after the last rise. On the other hand, the fact that the MACD line remained above the signal line indicated that the upside potential was not completely eliminated.
A clear break above $85.50 could see $90 and then $100 come back into focus.
Although the technical picture looks constructive in the short term, the coming trading periods will be decisive. The upside scenario could gain strength if buyers sustain the price above the critical support area and gather the strength to surpass the $85.50 resistance.
