Solana Reverses after Fakeout: Bears Trapped, Bullish Divergence Signal Emerges!

Jakarta, Pintu News – Solana (SOL) managed to turn the breakdown at the lower boundary of the range into a support level again after a quick sweep to both sides of the range. Meanwhile, traders highlighted a bullish divergence signal that could potentially strengthen on higher timeframes if the support level holds.

Solana Recovers after Breakdown After Range Sweep, Analyst Highlights Bullish Divergence

On the SOLUSD 4-hour timeframe (2/26) chart on Coinbase, Solana is trading at around $78 after the price briefly swept the upper and lower boundaries of the recent range, then came back up through the area that previously broke down. This statement refers to crypto trader Bluntz Capital, who is active on X with the @Bluntz_Capital account.

Read also: Solana (SOL) Ready to Break $100 if Bitcoin Rises to $72,000 Again? Check out the Analysis!

On the last candle in the shared screenshot, SOL was in the range of $78.27, up about 1.25% on the session, having previously moved in the range of approximately $77.23 to $78.56.

The chart also shows the SOL is still below some important moving averages. The 50-period simple moving average (SMA) is around $82.67, the 100-period SMA is around $83.50, while the 200-period SMA is much higher at around $96.88. Within the marked range box, the price briefly breached the lower boundary before bouncing quickly back to the upside, a pattern that analysts explained as a breakdown that was “taken back” after a liquidity sweep.

Bluntz added that this structure is accompanied by a bullish divergence on the 4-hour timeframe, and he thinks that the signal has the potential to develop into a bullish divergence on the daily timeframe, and then continue to signal on the 3-day timeframe.

He also mentioned that sentiment on the crypto timeline (“crypto TL”) deteriorated during the pullback phase, while the sharper movement of its capitalization was said to have occurred slightly more than the previous two weeks.

Solana maintains $75 support as analysts chart rebound to $100

On the 12-hour timeframe SOL/USDT chart on Binance, Solana is seen moving within a defined accumulation range. According to CryptoCurb analysts (X: @CryptoCurb), the area around $75 was repeatedly successfully defended, while the upward impulse tends to be restrained by the resistance zone below $90.

Read also: Dogecoin Price Drops to $0.97 Today: DOGE Breaks Falling Wedge Pattern, What Does It Mean?

The chart marks several downside attempts that stopped near the lower boundary of the range, followed by a bounce back into the range, which analysts see as an indication of support being maintained.

The same visual also shows two attempts to break the upper limit of the range that ended in failure, when the price reversed down after testing similar resistance zones. Within the boxed area, the price oscillates between the bottom of the range in the mid-$70s and the upper band just below $90.

This pattern reflects a compression phase after a broader downtrend took place at the beginning of the month, while also indicating the easing of directional momentum after the previous selling pressure.

CryptoCurb stated that as long as the $75 area holds, the chances of a move back towards the $100 area are still open. On the chart, he added that the projected price path is likely to rise after the last possible drop inside the range, then strengthen faster when the price manages to cross the upper limit.

The projection is an analyst’s roadmap, not a confirmation of price movements that have already occurred, and illustrates how a breakout from the accumulation zone could form if support holds.

Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price through Pintu Market.

Enjoy an easy and secure crypto trading and crypto gold investment experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.

*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.

Reference:

• Coinpaper. Solana Fakeout Flip Shocks Bears as Bullish Divergence Builds. Accessed on February 27, 2026