Solana Price Prediction: How Far Could the Next Rally Take SOL?

Solana is holding near $103 after reclaiming an important former resistance level around $98, keeping the near-term recovery intact despite signs that the broader correction may not be finished. Technical setups point to $110 as the next major test, while a sustained breakout could eventually shift attention toward the $146-$152 resistance zone.

SOL Holds Key Support as Wave 4 Consolidation Continues

Solana’s short-term structure remains constructive above $98, but the rebound is still developing inside what More Crypto Online describes as a corrective Elliott Wave pattern rather than a confirmed new impulsive advance.

Solana SOL Wave 4 Support. Source: More Crypto Online on X

SOL was trading around $103 after recovering from the latest pullback, with the chart placing immediate Fibonacci support at $102.50, $101.51, $100.53 and $99.14. The cluster creates a relatively tight support area beneath the current price and gives traders a clear level for judging whether the bounce can continue.

More Crypto Online said Solana remains in a corrective wave 4 consolidation after its rejection near $110. The analyst sees the recent price action as a series of overlapping three-wave moves, a structure commonly associated with corrections rather than a clean directional trend.