Solana holds $67.50-$106 weekly range as traders watch $72-$75 support, $83-$88 resistance, and $150 Q3 target.
Solana is trading inside a wide range that has held for about five months. Trader Ansem said SOL has reclaimed that range after failing to break down last month.
The weekly range comes from the first candle of February. Its lower boundary sits near $67.50, while the upper boundary stands near $106.
SOL is now retesting a key weekly resistance area between $81.50 and $88. A clean move above that zone could strengthen the recovery setup.
Ansem said the mid-$70 area may form a higher low. However, he expects price action to stay uneven until SOL clears the range high.
Weekly Range Holds After Failed Breakdown
Ansem said Solana failed to break below its weekly range during a strong selloff. The move came with high volume and heavy market fear. SOL later reclaimed the range, which changed the short-term structure.
solana:So11111111111111111111111111111111111111112 | Solana Market Analysis | Weekly/Daily/Hourly
1W: been stuck in range of weekly candle from first week of February for five months now, range lows 67.5 range highs 106
failed to breakdown during high volume selloff + peak fear… pic.twitter.com/zhUxDkvQNU
— Ansem 🐂🀄️ (@blknoiz06) July 18, 2026
The range low near $67.50 remains an important downside level. A break below June lows would weaken the recovery view. Until then, the broader range structure remains active.
The current resistance area sits between $81.50 and $88. This zone is important because SOL is retesting it after the reclaim. A stronger close above it could improve the weekly setup.
Daily Chart Points to $106 Range High
On the daily chart, Ansem said most trading activity occurred between $78 and $92. The point of control sits near $85. That area is close to where the recent rally lost momentum.
He also noted that the fast drop from $83 to $60 has now been filled. This means price has returned through that earlier weak area. The next test is whether buyers can hold support during a pullback.
Ansem said daily closes above the June highs near $83 could drive SOL higher. In that case, the range high near $106 becomes the next major target. He said failed breakdowns often lead to tests of the opposite range side.
Read also – Solana Could Surge to $127 If It Clears This Critical Resistance: Analysis
Short-Term Demand Zone Sets Next Test
On the hourly chart, Ansem pointed to demand between $72 and $75. He described this zone as a possible long area into next week. The invalidation level sits below $71.
If SOL holds that zone, the first upside target remains $83 to $85. A clean move above that area would place $106 back in focus. That level remains the main range high from the weekly structure.
Ansem also listed $150 and higher as extended targets later in Q3. That path depends on SOL breaking above $106 with strength. For now, traders are watching $72-$75 support and the $83-$88 resistance band.
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