SOL Attempts Rebound After Holding Key Support as Traders Eye $90 to $95 Resistance
The post SOL Attempts Rebound After Holding Key Support as Traders Eye $90 to $95 Resistance appeared on BitcoinEthereumNews.com.
Key Insights: Solana rebounded after holding key support, now aiming for $90–$95 resistance. The token transaction activity hits all-time highs, outpacing Ethereum and others. Analysts watch if SOL breaks through resistance for a potential trend reversal. The Asset Attempts Rebound After Holding Key Support as Traders Eye $90 to $95 Resistance Solana has been facing a prolonged downtrend for weeks, with the price steadily making lower highs and lower lows. Despite this, the cryptocurrency has recently shown signs of a small rebound after holding a key support level. Solana’s Price Movement and Key Support Levels Solana’s price has been declining for a significant period, leaving many investors uncertain about its future. However, after touching a crucial support zone, the asset has begun to make a slight recovery. The cryptocurrency price is trading at $86.01 with a 24-hour trading volume of $3,348,999,725. The token has incrised 0.80% in the last 24 hours. Market analyst BitGuru is closely watching the price attempt to reclaim resistance levels around $90 to $95. This range has become an important area of focus for traders and investors looking for signs of a trend reversal. The token is Eyeing a Trend Reversal | Source: X Despite the ongoing downtrend, Solana’s recent price behavior suggests that the support level has been holding strong. If the token manages to break through the $90–$95 range, it could signal a more sustained recovery. Solana’s Transaction Activity Reaches New Heights Solana has recently seen a significant increase in its transaction activity, reaching an all-time high. According to data from Shah, the token’s transaction volume has surged by 4 times compared to when the price was at $295. This increase in activity has made the token one of the most active blockchains, with transaction levels surpassing even Ethereum and other leading networks. Solana’s…
Filed under: News - @ February 17, 2026 8:29 am