Solana is showing two separate signs of strength as one chart maps a longer path toward a major upside target and another shows a fresh bullish trend signal. Together, the setups suggest Solana may be moving out of a weak phase and into an early recovery structure.
Solana Chart Maps Multi Stage Path Toward Possible Long Term $360 Target
Solana is trading inside a broader descending channel while analysts monitor a possible recovery structure that could unfold in several stages. Chart analysis shared by Celal Kucuker outlines key price zones that may shape the next long term move for Solana.
Solana Descending Channel Projection. Source: Celal Kucuker
The chart shows Solana previously reaching around $145 before entering a sharp decline that later pushed the asset toward the $65 region. These levels appear on the chart as earlier checkpoints that already occurred within the wider downtrend structure. After that drop, Solana stabilized and began forming a short term base above the lower boundary of the channel.
According to the projected structure on the chart, the next potential stage could involve a move toward the $110 area. That level aligns with a descending resistance line that has capped several recovery attempts during the broader decline. A move into that region would place Solana near the upper boundary of the current consolidation zone.
However, the projection also includes a deeper retracement scenario before a larger recovery develops. In that path, Solana could revisit a lower support area near $50 if the descending channel continues to guide price action. Such pullbacks often appear in longer consolidation structures before a stronger trend reversal takes shape.
If the broader structure eventually shifts, the chart suggests a longer term expansion phase that could push Solana toward the $360 area. The projection places this potential target in the first quarter of 2027, assuming the market transitions from the current downtrend channel into a sustained upward structure.
For now, the chart focuses on how Solana behaves around the channel resistance and nearby support zones. Those levels may determine whether the asset continues consolidating inside the descending structure or begins forming the early stages of a larger breakout cycle.
Solana SuperTrend Indicator Turns Bullish for the First Time Since January
Solana has triggered a bullish signal on the SuperTrend indicator for the first time since early January, according to chart analysis shared by Ali Martinez, known online as Ali Charts. The signal appeared on the daily chart, where the indicator shifted from a bearish structure to a bullish trend.
Solana SuperTrend Indicator Signal. Source: Ali Charts
The SuperTrend indicator follows price direction and volatility to identify potential trend changes. When the indicator flips from above price to below it, traders often interpret the move as a shift from a downward trend to an upward one. In the chart shared by Martinez, the indicator line moved below Solana’s daily candles after several weeks of downward pressure.
Earlier in the year, Solana traded under persistent selling pressure while the SuperTrend line remained above the price structure. That positioning typically signals a bearish trend because resistance continues to cap upward moves. However, the recent flip indicates that the indicator now tracks below price, suggesting that market momentum may be shifting.
The chart also shows a consolidation phase forming after the earlier decline. During that period, Solana produced a sequence of tighter daily candles while testing resistance zones that previously limited recovery attempts. The indicator shift occurred as price pushed through that short term structure.
Technical traders often watch the SuperTrend signal alongside other indicators to confirm broader trend changes. While the indicator alone does not guarantee a sustained move, its transition to bullish territory often marks the early stage of trend reversals after extended declines.
For now, the focus remains on whether the new SuperTrend structure holds during upcoming sessions. If price continues to maintain strength above the indicator line, the chart would keep the bullish signal active.
