Solana has pulled back to a key support zone between $74 and $77 as traders analyze the current 2026 chart structure against the 2023 recovery pattern. Trader Ryker, who bought SOL at $40 in the previous cycle and sold at $122, is waiting for a better entry point before re-entering positions. Trader Scient has started adding to his position at the support level with bids placed down to $74. The pullback follows a sharp recovery from June lows and tests the area that previously acted as a breakout zone. If the support holds, the chart structure suggests the first target sits near $93, with a larger upside area extending toward $115-$127.
Solana 2026 Chart Structure Compared with 2023 Recovery Base
The current Solana price structure is being compared with its 2023 recovery phase, when SOL built a base before a strong upside move. Trader Ryker stated he is waiting for a better entry before buying again.
The chart comparison shows Solana's 2023 price action alongside its current 2026 structure. In 2023, the chart shows SOL falling sharply, building a rounded bottom, and then breaking into a strong rally. In 2026, the chart shows a similar early-stage base forming after another steep decline.
Ryker bought SOL at $40 in the last cycle and sold at $122. He is now waiting for another entry point before buying again. The projected path on the chart suggests SOL may continue moving sideways before a stronger rally develops, matching the earlier cycle structure where price needed time to build a base.
The key area to watch is the current support range near the recent lows. A clean breakout above nearby resistance would be needed before the larger bullish case becomes more reliable. The chart comparison with 2023 becomes stronger if SOL holds the current support structure.
Solana Tests $74-$77 Support Zone as Traders Add Positions
Solana has pulled back into a key support and breakout zone where trader Scient has started adding to his position. The $74-$77 area represents the support, range low, and breakout zone Scient was watching.
Scient stated he started adding size again at support and has bids placed down to $74. The chart shows SOL pulling back after a sharp recovery from the June lows, with price returning to the blue support zone that previously acted as a breakout area.
If buyers defend the $74-$77 zone, the retest could confirm that the old resistance has turned into support. The chart shows a possible path higher if the support holds, with the first major target near $93 and the larger upside area extending toward the $115-$127 region.
If SOL loses the support zone, the next lower area around $66-$68 could come back into focus. The key test is whether Solana can hold the breakout retest at the $74-$77 level.
FAQ
What price levels are traders watching for Solana support?
Traders are watching the $74-$77 zone as key support and breakout retest area. Trader Scient has placed bids down to $74 and started adding to his position at this support level. If this zone fails to hold, the next lower area around $66-$68 could come into focus.
How does Solana's current 2026 chart compare with its 2023 recovery pattern?
The 2026 chart shows a similar early-stage base forming after a steep decline, comparable to the 2023 structure when SOL built a rounded bottom before a strong rally. Trader Ryker, who bought at $40 and sold at $122 in the previous cycle, is comparing the two patterns while waiting for a better entry point. The projected path suggests SOL may need time moving sideways to build a base before a larger move develops.
What are the upside targets if Solana holds the $74-$77 support zone?
If the $74-$77 support zone holds, the first major target sits near $93. The larger upside area extends toward the $115-$127 region. These targets are based on the chart structure showing the possible path higher if buyers successfully defend the current support and breakout retest zone.
