Solana traded below a key breakout zone while holding triangle support near $82.79, according to technical analysis charts shared by traders CryptoCurb and Ray. The price action follows a pattern that mirrors BNB, which broke above the same resistance area after gaining more than 10% on the day. Ray marked $125 as the next upside target if SOL breaks above the upper trendline of its triangle formation. The technical setup developed after SOL's sharp February decline, with the token forming a series of lower highs and higher lows within a broad triangle pattern that has kept price compressed between rising support and descending resistance since the October 2025 top.
CryptoCurb Chart Shows SOL Below Breakout Level as BNB Moves Higher
Solana traded below its breakout level on a chart shared by CryptoCurb, while BNB moved above the same resistance area after gaining more than 10% on the day. The chart compares SOL and BNB price action since the October 2025 top. CryptoCurb said both assets have moved in a highly correlated pattern during that period.
BNB broke above the red resistance line near the end of May. SOL remained below that same level on the comparison chart. CryptoCurb said SOL could follow BNB if the correlation continues. However, the chart does not confirm a Solana breakout yet, as SOL still needs to move above the marked resistance zone.
Ray Identifies Triangle Support at $82.79 and Marks $125 Upside Target
Solana traded near $82.79 on the chart shared by Ray, as SOL held close to the lower boundary of a broad triangle pattern. The chart shows SOL forming lower highs and higher lows after its sharp February decline. Major swing highs appeared near $91.20, $94.02, $97.67, $90.74 and $98.39, while support formed around $67.70, $75.67, $76.76 and $81.42.
SOL also remained below a short term descending line inside the larger structure. This keeps price compressed between rising support and the upper resistance line. Ray marked $125 as the upside level on the chart and said, "THE BOUNCE WILL BE MEMORABLE FOR $SOL." However, SOL still needs to break above the upper trendline to confirm a stronger move.
FAQ
What technical pattern is Solana currently forming?
Solana is forming a broad triangle pattern with lower highs and higher lows after its sharp February decline. The pattern shows major swing highs near $91.20, $94.02, $97.67, $90.74 and $98.39, while support formed around $67.70, $75.67, $76.76 and $81.42. SOL traded near $82.79 close to the lower boundary of this triangle.
How does Solana's price action compare to BNB according to CryptoCurb's chart?
CryptoCurb's chart shows SOL and BNB have moved in a highly correlated pattern since the October 2025 top. BNB broke above the red resistance line near the end of May after gaining more than 10% on the day, while SOL remained below that same level on the comparison chart. CryptoCurb said SOL could follow BNB if the correlation continues, but SOL still needs to move above the marked resistance zone to confirm a breakout.
