Solana Holds Below $90 as the Long-Term Path to $1,000 Remains in Play

Updated

February 12, 2026

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ChatGPT Perplexity

Summarize

ChatGPT Perplexity

Gambar Solana Holds Below $90 as the Long-Term Path to $1,000 Remains in Play

Jakarta, Pintu News – Solana prices remain in the spotlight as traders assess whether the recent selling pressure has started to ease. After several weeks of sharp downward movement, SOL is now trading in a crucial demand area, where signs of short-term stability are starting to appear. Market participants remain cautious.

Even so, a number of analysts think that the current market structure is starting to give early clues about the direction of the next move.

Short-Term Range Signals Show Market Balance

On the low timeframe, Satoshi Flipper highlighted a clear consolidation area forming on the 30-minute chart. Currently, SOL is moving up and down between the $84 level as support and $89 as resistance.

This narrow range reflects a temporary balance between buying and selling pressure. Volatility has shrunk. As a result, traders are now waiting for a decisive breakout to confirm the direction of the next move.

$SOL/usdt 30 min

Solana forming this $84 (support) – $89 (resistance) LTF range pic.twitter.com/3BCiH5QKJr
— Satoshi Flipper (@SatoshiFlipper) February 10, 2026

In addition to the range structure, BitGuru also emphasized that Solana started to stabilize near the key demand zone. The previous downtrend saw a consistent lower high and lower low pattern from the $120-$125 area.

The selling pressure started to weaken when the price touched the $78-$80 zone. It was at this level that buyers started to step in. Therefore, this area now acts as an important floor in the short term.

$SOL Price is stabilizing near major demand after a long downtrend, with short-term structure hinting at a relief bounce if support holds.

A clean break above the local range would confirm upside continuation.#SOL #Tradingview pic.twitter.com/zhMSE54cMc
— BitGuru 🔶 (@bitgu_ru) February 10, 2026

As long as the price is able to hold above $78, the rebound scenario is still valid. Furthermore, a net move above $90 could potentially trigger an upward momentum towards $97-$100, which was the previous breakdown area. If the price manages to break out of this local range, it will confirm the continuation of the short-term uptrend.

Structure on Higher Timeframes Remains Important

Crypto Patel highlights the large structure that formed in the past few weeks. Solana has broken the monthly support in the $98-$100 range. This move opened up room for a deeper drop. The price then dropped to the $50-$70 demand zone, and the sell-off began to subside around $67. It was at this level that buyers responded quite aggressively.

I Told You Weeks Ago – $SOL Would Dump Toward $50–$70 And It Crashed Exactly To $67! Our Accumulation Zone Hit Perfectly ✅

If It Drops More, $50 Is The Dream Entry ➔ My Long-Term Target? Still $500–$1,000 🚀

Everyone Was Laughing At My Prediction. Nobody's Laughing Now. Smart… https://t.co/2rHkzX9FDo pic.twitter.com/cPsUMHOyKg
— Crypto Patel (@CryptoPatel) February 10, 2026

This accumulation zone also aligns with important Fibonacci retracement levels and previous consolidation areas. The combination of factors makes this zone even stronger technically. As long as the $50 area can withstand a deeper correction, the risk of additional downside is limited. However, traders still need confirmation before concluding a trend reversal.

A return to the $98-$110 area would signal a more meaningful recovery. If that happens, the upward path towards $170 and $270 could reopen. In the long-term view, Crypto Patel believes that Solana’s large structure still supports the potential for price expansion towards $500 and even up to $1000.

Market Data Still Reflects Pressure

Despite these technical arguments, Solana is still under short-term pressure. At the time of writing, SOL is trading around $82.59, down 5.81% in the last 24 hours.

In addition, the price also weakened 16.44% in the past week. Trading volume reached $3.67 billion. Market capitalization stands at $46.88 billion with around 570 million SOLs in circulation.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

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