Solana moved into a key decision zone as buyers defended support and sought to extend the rebound toward higher resistance. SOL turned an early drop into a strong rebound, with bulls regaining control after bouncing from around $86.35 to trade near $91.52, up 6.04% on the day. Solana was up 0.99% over four hours and 5.91% in 24 hours, even though it remained down 5.05% over seven days. For now, Solana’s chart points to a market that has regained momentum and is now testing whether this rebound can turn into a cleaner breakout.
Solana is pressing into a decision zone, with the daily chart showing buyers trying to turn a rebound into a fuller breakout. SOL is changing hands right around the 0.618 Fibonacci extension level at $91.63. That makes this area important because it now acts as the first major test for the latest recovery. Solana has already bounced from the lower part of the recent range and reclaimed ground above the 0.5 Fib level at $89.46.
This move shows that buyers have improved the short-term structure. Still, the push needs a firm close above the 0.618 Fibonacci level to confirm growing strength. If bulls keep control above that level, the next upside target sits near the 0.786 Fib level at $94.71.
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