Solana is trading below the $100 level after four months of consolidation following a long decline from previous highs. Two analysts have identified a potential breakout setup on technical charts, with $100 serving as the first major resistance level to test. CryptoCurb and Borovik both point to similar consolidation patterns that could signal a shift from the current sideways price action if confirmed by a clean move above key trendlines.
CryptoCurb Identifies Breakout Setup on Three-Day Chart
Analyst CryptoCurb shared a three-day chart showing Solana forming a base after its long decline. The price has moved sideways inside a consolidation zone before reaching a descending blue trendline that has acted as resistance during the broader pullback.
CryptoCurb stated that a clean move above the trendline would mark a stronger breakout signal and could shift attention back to the $100 area. The analyst pointed to $100+ as the next key upside area following a confirmed breakout.
The analyst also compared Solana's structure with NEAR's recent chart pattern. According to CryptoCurb, NEAR showed a similar setup with price building a base below a descending trendline before breaking higher, suggesting SOL could follow a comparable path.
For the breakout to become confirmed, Solana must hold its base and break above the trendline with follow-through momentum. Currently, SOL remains positioned between range support and breakout resistance, with the next directional move depending on whether buyers can push above the descending trendline.
Borovik Analyst View: $300 to $500 Rally Possible if Bull Market Returns
Analyst Borovik shared a chart showing Solana trading near the lower part of its 2026 range. The price has moved mostly sideways since February, with repeated attempts to recover failing below the $100 level.
Borovik identified $100 as the main level on the chart, noting that SOL has not reclaimed that area for months, which keeps the market in a tight range and limits bullish momentum.
According to Borovik, Solana could move above $300 once the bull market starts. The analyst also stated that a move toward $500 remains possible within a year.
The chart shows SOL has built a base around the $80 to $90 area but still needs a stronger move above $100 to confirm a larger recovery. If buyers reclaim $100, the next major upside zones would sit much higher, near previous breakdown areas around $125, $150, and $175.
However, failure to break above $100 would keep Solana stuck inside the same four-month range, with the chart continuing to show sideways price action rather than a confirmed breakout.
