$SOL/USDT Monthly Technical Analysis


SOL is currently trading near a major support zone between $36–$63, a region that could act as a long-term accumulation area. The chart suggests the completion of an ABC corrective structure, with price testing key historical support after an extended decline from the 2025 highs.
A successful defense of this support zone may trigger a bullish reversal, targeting the $300–$385 resistance area over the next market cycle. The projected path indicates a gradual recovery with interim pullbacks before a potential breakout toward the upper target range.
However, a sustained breakdown below $36 would invalidate the bullish outlook and expose SOL to further downside risk. Traders should monitor price action around support for confirmation of trend reversal before anticipating higher targets.
(NFA)
SOL2.41%
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