Solana Price Hinges on Key Support Level Amid Buyers' Push to $90

Solana's price has been holding key support near $75 as buyers target $90. If it loses this level, the setup for a move towards $106 could be invalidated.

The cryptocurrency is currently testing the lower edge of its rising structure, which means that there is still a chance for a recovery towards $83-$90. A clean breakout above this zone would open the way towards $106, but losing $72 would weaken the setup significantly.

Solana has been retesting a key demand zone after reclaiming the five-month range that controlled price since February. Holding $72-$75 could form a higher low and support another move towards $83-$85, followed by the range high near $106.