The SOL price trades in a key range as analysts track support levels, Fibonacci zones, and short-term forecasts pointing to possible recovery.The SOL price trades in a key range as analysts track support levels, Fibonacci zones, and short-term forecasts pointing to possible recovery.

SOL Price Prediction: Solana Re-enters Historically Explosive Price Range

2026/06/10 00:20
3 min read
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Key highlights:

  • Solana trades inside a key Fibonacci zone that has previously preceded major expansion moves.
  • The SOL price holds above important weekly supports, keeping the broader recovery structure intact despite volatility.
  • Market structure still leans toward continuation as long as key support zones continue to hold.

Solana is back inside a range that tends to get attention whenever the SOL price starts building a larger move. Crypto Patel points out something interesting here: the last time SOL traded between the 0.5 and 0.618 Fibonacci retracement levels, it later went on a rally of over 2,200%. That kind of historical context is why traders are watching this zone closely again.

We had a look at the weekly chart, and SOL is trading around $67.56, which places it right inside that same Fib area. The range between $50 and $70 lines up with the 0.618 level near $50.02 and the 0.5 level near $70.30. In simple terms, this is a zone where Solana has previously paused, accumulated, and then expanded into a much larger trend.

SOL price structure still favors the bigger recovery trend

Zooming out a bit, the SOL price has been in a broader recovery phase since breaking out of a long descending channel that formed after the 2021 peak near $260. That breakout during 2023–2024 changed the structure from deep correction into a series of higher highs, which has continued into 2025 and 2026.

The weekly chart shared by Patel shows SOL still holding above key support zones, especially around $56–$60. That area has been tested multiple times and continues to act as a strong base during pullbacks. Even with short-term volatility, the larger trend has not broken.

From a Fibonacci projection standpoint, the chart lays out potential levels at $98–$100 first, followed by $150–$200, and then a long-term extension near $297. These levels are based on previous cycle behavior where Solana tends to move fast once momentum returns after consolidation.

SOL price levels that matter from here

Right now, the SOL price is in a zone where direction can develop either way, but structure still leans toward continuation as long as support holds. A weekly close above $80–$85 would strengthen the bullish case and open the path toward the $100 region, which also lines up with the 0.382 Fib level near $98.86.

If momentum continues beyond that, the next major areas sit around $150 and $200, where previous cycle activity has shown strong reactions. These aren’t short-term targets, but longer-cycle levels that tend to appear when Solana enters stronger expansion phases.

On the downside, losing the $56 support would weaken the current setup and expose a move back toward the $38–$50 range. That would still sit inside the broader recovery structure, but it would delay any push toward higher levels.

What the SOL price is telling traders

The SOL price is basically sitting in a well-defined decision zone that has mattered in past cycles. The $50–$70 range has acted as both accumulation and transition territory, where Solana either builds strength or resets before another move.

What makes this interesting is how clean the structure still looks on the weekly timeframe. If support continues to hold, the chart leaves room for another expansion phase similar to previous cycles, where Solana delivered strong upside moves after long consolidation periods.

According to CoinCodex’s 1-month SOL price prediction the price could move toward $86.59, which is slightly above current trading levels and indicates expectations of a mild recovery in the short term.

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