The post Range Breakout or $3,500 Target appeared on BitcoinEthereumNews.com. Solana price prediction discussions are intensifying as short term consolidation meetsThe post Range Breakout or $3,500 Target appeared on BitcoinEthereumNews.com. Solana price prediction discussions are intensifying as short term consolidation meets

Range Breakout or $3,500 Target

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Solana price prediction discussions are intensifying as short term consolidation meets long term channel projections. Analysts are now watching both a four hour breakout level and a weekly upper channel target for the next decisive move.

Solana Holds Tight 4 Hour Range as Traders Watch $90.68 Breakout Level

Solana traded inside a defined range on the four hour chart, with resistance at $90.68 and support at $76.66, according to market analyst Ali Martinez, known as Ali Charts on X. The structure shows repeated swings between those two levels, with price recently hovering near $83.40, close to the middle of the range.

Solana 4 Hour Range Chart. Source: Ali Charts on X (@alicharts)

The chart highlights multiple rejections near $90.68, where sellers stepped in and pushed price lower. At the same time, buyers defended the $76.66 zone on several occasions, preventing deeper declines. As a result, the market formed what the analyst described as a “clean range,” with clear horizontal boundaries and no confirmed breakout.

Price action over the past several sessions reflects consolidation rather than trend expansion. Each move toward resistance failed to produce follow through, while rebounds from support stalled before retesting the upper boundary. Consequently, momentum remains neutral until either side of the range gives way.

Ali Charts stated that he is not interested in trading inside the range and is instead focused on a breakout. A move above $90.68 would signal a potential shift toward upside continuation, while a breakdown below $76.66 could open the door for further downside. Until then, Solana remains confined between well defined support and resistance levels on the four hour timeframe.

Solana Weekly Chart Shows Rising Channel as Analyst Flags $3,500 Cycle Top Zone

Solana remains inside a long running rising price channel on the weekly chart, as market commentator CW8900 on X pointed to an upper band target for the current cycle. In a TradingView chart shared March 2, CW8900 said he expects Solana’s cycle top to form near the middle of the channel’s upper range, around $3,500.

Solana Weekly Rising Channel Chart. Source: CW8900 on X

The chart maps Solana’s multi year advance within two upward sloping boundary lines that have contained major swings since 2020. After a sharp run into 2021 and a deep 2022 drawdown, the price action later rebuilt and pushed back toward the channel’s mid zone, while staying above the lower trendline that has acted as support during pullbacks.

CW8900’s projection highlights the upper channel as the reference area for a potential cycle peak, with the midpoint of that upper band used as the target zone rather than the top boundary itself. The visual also includes a dashed internal guide line and a large upward arrow, signaling the analyst’s expectation for continuation within the structure, while the channel lines frame where resistance could tighten if the move extends.

Source: https://coinpaper.com/15145/solana-price-prediction-breakout-battle-now-3-500-cycle-target-next

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