I've noticed that SOL has been trading sideways between $75 and $92 these days. The current price is around $86, and this looks like a typical consolidation before a big move. Technical analysis shows that the market is defined by a struggle between bulls and bears right at these levels.

On the four-hour chart, it's clear that the upper boundary of the range around $90 is a serious resistance. Every time the price approaches it, it gets pushed back down. This indicates that sellers are in control. Looking at the structure, it resembles a bearish flag within a larger downtrend. A break below $78 would open the way to $65 — a logical technical target in this scenario.

But there’s also another scenario. On the weekly chart, Solana is approaching a historical support zone from $60 to $80. This area has previously served as a platform for price expansion in new cycles. If support holds there, accumulation and an upward movement could begin. This is a key level for the long-term outlook.

Currently, SOL is at a decision point. Consolidation usually precedes a directional breakout — either upward through $92 or downward below $75. The market remains neutral for now, but patience will soon run out. If macro support doesn’t hold, the correction could deepen. For a long-term investor, the most important thing is the price behavior around that historical demand zone — that’s where the fate of the current cycle will be decided.