Solana (SOL) Holds Near $77.97 as First SuperTrend Buy Signal Since 2025 Fuels $90 Price Outlook

On July 8, 2026, Solana (SOL) traded near $77.97 after flashing its first 3-day SuperTrend buy signal since 2025. The signal has put SOL back on traders’ watchlists, with many now looking at the $90 level as the next possible target. Technical indicators have started to improve, but investors are still watching resistance levels and overall market conditions before expecting a stronger breakout.

Why Does Solana’s First SuperTrend Buy Signal Since 2025 Matter?

What Is the SuperTrend Indicator and Why Does It Matter?

Solana (SOL) generated its first 3-day SuperTrend buy signal since October 2025 in early July 2026. Traders often use the SuperTrend indicator to spot possible changes in market direction. When the price moves above the indicator, it usually suggests that buying momentum is starting to build.

No technical indicator can predict price movements with certainty. Even so, this latest signal has drawn attention because it follows several months of weak performance. Many traders now see it as an early sign that market sentiment may be shifting.

Why are Traders Paying Close Attention?

The last SuperTrend sell signal appeared before Solana dropped by roughly 74%, so traders are paying close attention to the latest reversal. Analysts believe the new buy signal points to easing selling pressure, although they still want to see additional confirmation. For now, the focus is on whether SOL can maintain its recent gains and build enough momentum to continue higher.

SOL Price Analysis: Levels Traders are Watching

Can SOL Break Above the $84 Resistance?

As of July 8, 2026, Solana is trading close to $77.97. The next challenge sits around the $84 resistance level. If buyers push the price above that area, momentum could increase and open the door for a move toward $90.

SOL still looks bullish to me, but the easy part of this move is gone for now. Price is sitting just under the $82.2-$83.8 ceiling, RSI/MACD are cooling, and volume/OBV aren't backing a clean breakout yet. I'm not bearish here, just not chasing. Above $83.8, trend expands again.… pic.twitter.com/vffqgHGVHn

— Benji Vale Ai (@BenjiValeAi) July 7, 2026

Analysts are also watching trading volume. A breakout backed by stronger volume would provide more confidence that the move can continue. Current technical forecasts continue to point to the $85 to $90 range if buyers stay in control.

Where are the Main Support Levels?

The first support zone remains between $73 and $77. Holding above this range would keep the recent recovery intact. If the price falls below it, traders may begin looking for support at lower levels.

Several technical indicators still lean in the bulls’ favour.

• RSI remains in neutral territory, suggesting balanced momentum.
• MACD continues to signal improving short-term strength.
• Short-term moving averages have turned positive, while longer-term averages still need to confirm a broader trend.

Growing Network Activity Supports the Bullish View

Is On-Chain Growth Helping Solana?

Price charts tell only part of the story. Solana’s blockchain continues to record healthy activity across its ecosystem. Active users have increased, developers continue building on the network, and adoption has expanded across decentralised finance (DeFi), payments, and tokenised real-world assets.

Steady network growth often supports long-term investor confidence because stronger blockchain activity usually reflects rising demand for the platform.

What Do Meyka and Other Analysts Say?

According to Meyka, Solana’s outlook has continued to improve, although it previously noted that a confirmed move above the $77 to $78 area was needed before issuing a stronger buy signal. With SOL now trading around $78 and the SuperTrend indicator turning positive, the technical picture has improved.

Meyka’s earlier forecast also identified the $85 to $90 range as the next upside target if buyers successfully break higher.

Short SOL forecast

• Current price: Around $77.97
• Immediate resistance: $84
• Support zone: $73 to $77
• Bullish target: $90

An AI stock analysis tool can help investors combine technical indicators, price action, and market sentiment into one view. Even so, it works best when used alongside independent research rather than as the only source for investment decisions.

Other analysts have reached similar conclusions. They believe improving network activity, stronger momentum, and continued buying interest could support additional gains if resistance levels give way.

Can Solana Reach $90? Bullish Scenario vs Downside Risks

What Could Drive the Next Rally?

Several factors could help Solana move higher.

• A confirmed breakout above $84.
• Continued strength across the broader cryptocurrency market.
• More blockchain adoption and improved investor sentiment.

There are still risks to consider. Cryptocurrency prices remain highly volatile, and unexpected macroeconomic developments or weaker market sentiment could slow the recovery. If SOL loses support around $73, the current bullish setup would weaken, and the move toward $90 could take longer to develop.

Conclusion

Solana’s first SuperTrend buy signal of 2025 has improved market sentiment after an extended period of weaker price action. Technical indicators have started to strengthen, and network activity continues to support the recovery. The next test is the $84 resistance level. A successful breakout could keep the path toward $90 open, while holding above the $73 to $77 support zone will remain just as important in the weeks ahead.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.