Solana is approaching a key moment as the price continues to defend a key multi-year support zone near the $79 level. After months of consolidation and repeated failed breakouts, growing signs of accumulation are now fueling speculation that SOL may be preparing for another substantial attempt at growth.
The SOL support at $79 is proving to be the most critical level on the weekly chart
Scientist-strategist identifies two critical price levels that define Solana’s macroeconomic landscape: a 2024 low of $79 and an impulsive high of $210. The $210 level is particularly significant because it marks the high of the 2021 alternative season. Since then, the market has tried to regain this level three times, but has been rejected each time.
The narrative of these failed breakouts shows a challenging multi-year structure, with the second rejection originating from the 2024 lows, initiating a year-long consolidation phase that culminated in the third failed attempt in September 2025. Following this final failure, selling pressure intensified, leading to a rapid return to the 2024 low, where accumulation continued.
SOL price action is showing clear signs of accumulation, hovering near historic lows, setting the stage for a potential breakout attempt. Interestingly, Scient notes a poetic irony in the current situation: if SOL successfully establishes a bottom at $80, it would mirror the historical support Ethereum found during the previous bear market cycle.
The $79-$80 zone is the limit for Solana’s structural integrity. As long as price holds this support, the bullish setup remains intact. However, a break below this level could result in a significant decline towards the mid-$20s. Given that the price is currently above this essential support, the setup allows investors to carefully position bets in this critical consolidation range.
Solana is breaking out of the macro-downward trend on the daily chart
Complementing the weekly forecast, Scient’s secondary analysis of the daily chart highlights a key change in Solana’s macro structure. The asset definitely broke the long-term macro-downward trend, effectively turning the trend to the upside. This marks the second bullish retest of this broken trendline, producing a neat bounce that serves as a textbook confirmation for technical traders.
This bullish momentum is further supported by the volume profile, with much of the previous highs having been absorbed and current market activity showing concentration at these levels.
From current levels, there is little resistance leading to the $120 level, creating a runway for this price. This lack of overall supply suggests that the market is able to quickly overcome this vacuum with minimal selling pressure. When these daily events are synthesized into a broader weekly context, the resulting arrangement becomes increasingly compelling.
