Solana is trading near $86 while a Bollinger Bands squeeze on the daily chart suggests volatility is tightening, according to market analyst Ali Charts. The setup often appears before a stronger price move as the market compresses within a narrow range.
The chart shared on X shows SOL declining sharply from above $130 before entering a sideways structure in early March. Since then, price candles have formed inside narrowing Bollinger Bands. At the time of the chart snapshot, Solana was trading around $86.40, while the upper band stood near $92 and the lower band near $77.
Solana Bollinger Bands Squeeze Points to Potential Volatility Expansion
The narrowing Bollinger Bands indicate falling volatility after the earlier decline. When the bands contract this way, price often prepares for a stronger directional move. However, the chart does not yet confirm whether the next move will be upward or downward.
Solana Bollinger Bands Daily Chart. Source: Ali Charts
Recent candles show Solana stabilizing in the mid-$80 range. Buyers have defended levels above the lower band, while resistance remains near the upper band around $92. As a result, SOL continues to move sideways within this technical corridor.
Ali Charts noted that the current Bollinger Bands squeeze suggests a major price move could occur soon. Until price breaks the upper band resistance or falls below the lower support area, Solana remains in a compressed structure where volatility is building before the next expansion.
Solana $95 Breakout Level Marks Key Shift in Market Structure
A chart shared by CryptoCurb highlights $95 as a major resistance level for Solana, showing that the asset must reclaim this area to break its broader downward structure. The analysis focuses on a descending trendline that has capped price action since the previous peak, while a horizontal support zone has held the market near the lower range.
Solana $95 Breakout Resistance Chart. Source: CryptoCurb
The chart shows Solana forming lower highs over several months as the descending resistance line gradually pushed price downward. At the same time, a horizontal base formed where buyers repeatedly stepped in to prevent deeper declines. Recently, price action has started to compress near that base while approaching the trendline resistance.
According to the analysis, the $95 zone represents the point where Solana would break the descending trendline and reclaim a previous resistance level. If price moves above this area and holds it as support, the broader technical structure could shift from a downtrend into a new upward phase.
The projection drawn on the chart outlines a potential expansion after a confirmed breakout, with price moving into a stronger recovery structure. However, until the resistance level is reclaimed, the descending trendline continues to define the overall market structure.
Source: https://coinpaper.com/15400/solana-price-prediction-solana-charts-flash-breakout-pressure-as-95-turns-critical
