Solana’s price pushed past the $86 mark in the last session and is now consolidating around $88, according to hourly chart data from Kraken. The move follows a fresh uptick that started below $86, with buyers stepping in to lift the token into a narrow trading band near the $88 handle.
Technical levels to watch
A bullish trend line has formed on the hourly SOL/USD chart, offering support at $87.40. The line has held through the latest price action, keeping the short-term bias tilted upward. On the upside, $90 stands as the immediate resistance. If Solana can clear that, the next targets are $92 and the psychological $100 mark.
But the move isn’t a sure thing. The hourly MACD is still in bullish territory but is losing momentum. The relative strength index sits near 50, a neutral zone that gives no clear directional signal.
What happens if $90 doesn’t break
If Solana fails to push through $90, the first support level sits at $87.40 — the same trend line that has been guiding the recent rise. A drop below that would open the door to $85.80. A deeper slide under $82 could send the token toward $76.50.
Traders are watching the $90 zone closely. A clean break above it would confirm the bullish setup; a rejection could invite selling pressure back toward the lower supports. For now, the price action remains range-bound between the trend line and resistance.
