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Solana is entering a critical phase as price action tightens within a defined range, signaling that a major move could be on the horizon. With the broader correction nearing completion and key levels coming into focus, market structure suggests that a breakout may be brewing as momentum begins to shift.
$49 Emerges As Critical Support—Can Bulls Defend The Structure?
According to crypto analyst Ali Charts, the broader market noise often obscures the underlying technical reality of Solana. By zooming out to a higher timeframe, the governing structure of the asset becomes remarkably clear. Currently, Solana is trading within a well-defined ascending channel, a formation that has been dictating its long-term trajectory and providing a roadmap for its price action.
At the top of the current range, $108 has emerged as the immediate macro resistance level. This price point represents a significant hurdle for the bulls, as evidenced by recent market behavior. Ali Charts notes th

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