Trader projects Solana at $102 after resistance test.

Portalcripto2026/03/27 12:45

By:Portalcripto

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Trader projects Solana at US$102
SOL's price tests resistance at $95.
The ascending channel supports the upward trend.

Solana (SOL) has returned to the market spotlight after a trader highlighted the possibility of the asset reaching US$102 in the short term. The projection stems from a technical analysis shared by Ali Charts, which points to the continuation of an ascending channel as the basis for the movement.

At the time of publication, SOL was trading near $85,67, remaining within the upward trend observed throughout March. The chart shows that the price is following a sequence of ascending highs and lows, with consolidated support in the $80 region.

After a recent recovery at this lower level, the cryptocurrency has resumed its upward trajectory towards the channel's midpoint. This point, located near $95, has become the key technical level in the short term and is the focus of traders' attention.

According to the trader's analysis, a consistent break above this range could unlock new upward movements. In this scenario, the projected targets include first the $98 region and then $102, near the top of the ascending channel.

Despite the optimistic projection, the movement still depends on confirmation. So far, Solana continues to trade below the resistance of US$ 95, which keeps the scenario as a technical expectation, without a validated breakout.

If rejection occurs at this level, the asset may continue trading within the current channel. This would maintain support at $87 as a key point for a possible retest, reinforcing the importance of this zone in the price structure.

The technical scenario presented indicates a decisive moment for Solana. With the upward trend still preserved, the price behavior near the resistance should determine whether the asset will continue towards the US$102 target projected by the trader or remain consolidated within the channel.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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