Solana Technicals Signal Potential Upside Amid $90 Resistance

Apr 24, 2026 16:22 UTC

SOL

Short term

A bullish MACD crossover suggests a potential price rally for Solana. However, traders are eyeing a key resistance level at $90 that may hinder immediate gains.

Bullish MACD signal detected for SOL
Historical precedent suggests potential for significant gains
Immediate resistance identified at the $90 level
Price action depends on breaching key technical ceilings

Solana (SOL) is showing signs of a potential trend reversal as technical indicators flash bullish signals. Market participants are closely monitoring the Moving Average Convergence Divergence (MACD) indicator, which has historically preceded significant price movements for the asset. The current MACD signal suggests that upward momentum is building, hinting at a possible rally. This specific technical setup has previously been associated with substantial price gains for the network's native token. Despite the positive momentum, the path to a sustained recovery faces a critical hurdle. Technical analysis identifies a strong resistance level at $90, which could delay the asset's upward trajectory or lead to a period of consolidation. From a trading perspective, the ability of SOL to break and hold above the $90 mark will be the primary catalyst for determining if this bullish signal will translate into a broader market rally.