The post Solana Price Prediction: SOL Builds Cup and Handle appeared on BitcoinEthereumNews.com. Solana is holding near a major support area as analysts track aThe post Solana Price Prediction: SOL Builds Cup and Handle appeared on BitcoinEthereumNews.com. Solana is holding near a major support area as analysts track a

Solana Price Prediction: SOL Builds Cup and Handle

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Solana is holding near a major support area as analysts track a monthly cup and handle setup and a higher timeframe recovery structure. The charts show SOL still needs to defend support and break above handle resistance before the larger upside setup can confirm.

Solana Price Forms Monthly Cup and Handle Setup as SOL Tests Handle Support

Solana is forming a large cup and handle pattern on the monthly chart, according to the chart shared by Bitcoinsensus. The setup shows SOL building a broad recovery structure after its 2022 decline and later rebound.

The white curve on the chart marks the cup formation. SOL moved down from its 2021 high, formed a long rounded bottom through 2022 and 2023, then recovered toward the former resistance zone near the 2021 range.

Solana Monthly Cup and Handle Setup. Source: Bitcoinsensus on X

The blue channel on the right side marks the possible handle. This section shows SOL pulling back and moving sideways after the larger recovery. In a cup and handle setup, the handle usually forms as a cooling phase before any breakout attempt.

SOL is now trading near the lower part of that handle structure. This makes the lower blue trendline an important support area. If buyers defend it, the pattern can remain active.

However, the setup still needs confirmation. Solana must break above the upper blue trendline and later push through the wider resistance area near the old highs. Without that breakout, the chart only shows a potential pattern, not a confirmed move.

If SOL loses the lower handle support, the cup and handle structure would weaken. It would show that the pullback has moved deeper than the chart setup expects.

For now, the monthly chart keeps Solana inside the handle phase. The next major signal depends on whether SOL holds support and breaks above the handle resistance.

Solana Price Holds Higher Timeframe Setup as SOL Tests Major Support Zone

Solana remains inside a higher timeframe recovery setup, according to the chart shared by Moe. The weekly SOL chart shows price holding near a major support zone after pulling back from the 2025 range.

The chart marks two key horizontal zones. The lower red zone acts as the current support area, while the upper red zone sits near the next major resistance area. SOL is now trading close to the lower zone, which makes this area important for the broader structure.

Solana Higher Timeframe Support Setup. Source: Moe on X

A long black descending trendline from the 2021 high also appears on the chart. Solana has already moved back above that trendline, which suggests the larger downtrend structure has weakened.

Moe said “daily noise” has not changed the higher timeframe direction. The chart supports that view because SOL still holds above the broken long-term trendline and near the same support range.

The green projection on the chart points toward a possible recovery from support, followed by a move toward the upper resistance zone. If SOL clears that area, the chart shows a larger upside path into higher levels.

However, the setup still depends on support holding. If Solana loses the lower red zone, the higher timeframe structure would weaken and delay the recovery path shown on the chart.

For now, SOL remains above long-term trend support. The next key signal depends on whether buyers defend the current support zone and push price back toward the upper resistance area.

Source: https://coinpaper.com/17027/solana-price-prediction-sol-builds-cup-and-handle

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