Solana Bulls Defend $68 Support as SOL Eyes $82 Breakout
Solana (SOL) price action is centered on a key technical level near $68. Analysts say SOL is retesting a macro mid-range around $68 after failing to hold earlier gains and stalling below resistance near $75–$76.
TraderSZ points to the $68 region as a pivotal pivot on the 1-hour SOL/USD chart. If SOL/USD holds above ~$68, traders may see a renewed push toward resistance levels at $75.63, $76.53, and potentially $80.20. A breakdown under this mid-range would suggest weakening momentum and raises the risk of a dip toward lower supports near $64–$65.
BitGuru is more constructive on the short-term setup. On the 4-hour SOL/USDT chart, SOL is rebounding from a reversal zone around $60–$64, then consolidating near $71. As long as SOL holds the current support area, the next upside target cited is resistance around $82.67. BitGuru also notes the current reversal pattern appears stronger than a prior range that previously led to a sharp decline.
Traders are therefore watching whether SOL can defend the $68 support and stabilize, or whether the pullback expands into a deeper correction. Key triggers remain momentum around $68 and acceptance/rejection near $75–$76 en route to the $82 target.
Bullish
The article frames SOL as defending the $68 macro mid-range support. Two independent analysts (TraderSZ and BitGuru) both center their scenarios on the same level: holding above ~$68 keeps the rebound intact, with upside targets toward $75–$76 and then roughly $82–$83.
This is typically a bullish near-term condition because support defense suggests buyers are absorbing sell pressure and a range breakout attempt becomes more likely. The risk case (a close below $68) would flip momentum bearish, potentially dragging price back toward $64–$65. But the current message is that structure remains constructive: BitGuru highlights a reversal from $60–$64 and consolidation near $71, which often precedes another leg up when support holds.
Historically, similar “support retest + bullish continuation targets” setups tend to produce either (1) a continuation breakout after a successful retest, or (2) a failed retest that accelerates downside. Since the narrative emphasizes defense rather than failure, the expected impact skews bullish for short-term trading, while long-term direction will depend on whether SOL can reclaim and sustain above the $75–$76 supply zone.