Ali Charts|May 14, 2026 23:05
$98 is the level that could signal a bullish breakout for Solana.
Since February, SOL has been moving within a well-defined channel. I’ve identified the boundaries at $78 (Floor) and $98 (Ceiling), with $88 as the current pivot point.
We recently tested that $98 resistance, which resulted in a quick rejection. Now, I am seeing Solana bounce. This suggests we could be gearing up for another retest of the channel top to determine if a breakout is finally in the cards.
If we get a daily close above $98, I expect a surge toward $107, with a secondary target at $117.
However, If $98 continues to hold as heavy resistance, we could see a retracement back to the $88 mid-range or even a full reset at the $78 floor.(Ali Charts)
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