SOL Price Consolidation Holds $65-$80 Zone With $200-$300 Targets

2026-02-28 13:41:39

Solana (SOL) has stabilized near $78 after a rough stretch, with price continuing to hover inside a broad $65-$80 reversal zone. This area is widely seen as a critical turning point for SOL - the chart shows a bounce off a low near $67.50, followed by sideways action as buyers and sellers find temporary balance. The broader trend is attempting to build a base here, and so far neither side has been able to force a clear resolution.

The consolidation pattern suggests that selling pressure has meaningfully eased since the prior leg lower. Price is rotating back and forth without breaking out, forming what looks like a foundation - with support holding near $65 and minor resistance capping the upper end around $80 SOL Trades in $76-$90 Range as Breakout Toward $100 Draws Closercovers similar short-term consolidation dynamics and what it would take to push price toward $100. If this $65-$80 zone continues to hold, the projected targets climb considerably higher - all the way to the $200-$300 area if bullish momentum picks up.

The setup has the feel of a classic base-building phase after an extended decline - the kind of period where market participants keep testing nearby support before attempting a larger trend reversal. No decisive breakout has happened yet, which reflects continued uncertainty, but the defined range gives traders a clear framework. A move above the upper boundary near $80 would shift the picture meaningfully, with Solana Price Forecast Eyes $600 Target in New Bullish Projectionoutlining just how far bullish scenarios could extend on a larger timeframe.

What makes this zone matter is the broader implication for Solana’s trend. Reversal areas like $65-$80 are essentially where the market decides whether an extended downtrend gives way to accumulation and recovery, or continues lower. How SOL interacts with these levels could shape sentiment across the wider crypto space. On the downside, Solana Weakens vs BTC With $48-$29 Target Zone in Focus outlines what a breakdown could look like. For now, price holding near current levels may signal the end of the recent selloff - and the start of something larger

SOL-2,18%

BTC-1,92%

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