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Solana (SOL) Price: Back at the Buy Zone That Sparked a Massive Rally Last Cycle

J_News by J_News
May 3, 2026
in Crypto Technical Analysis, Top News
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Solana (SOL) Price: Back at the Buy Zone That Sparked a Massive Rally Last Cycle
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TLDR

  • SOL is trading around $80–$85, a zone that triggered massive rallies in past cycles.
  • A liquidation heatmap shows short pressure building between $84 and $87.
  • The key level to watch is $106.24 — a break above that would signal a return of bullish momentum.
  • Analyst Crypto Patel notes SOL is back at the same buy zone that pumped it 2,200% last cycle.
  • A large triangle pattern on the chart could lead to a breakout toward $250–$300 if buyers hold support.

Solana is trading near $80 to $85 at the time of writing, a zone that has played a key role in previous market cycles. The price dropped more than 70% from its 2025 highs before landing back in this range.

Solana (SOL) Price
Solana (SOL) Price

This isn’t the first time SOL has been here. In 2021, the price ran from just a few dollars to over $250. After a heavy drop in 2022, it fell close to $10, rebuilt, and then pushed to new highs near $290 in the next cycle.

Crypto Patel, a widely followed analyst on X, made note of this directly. In a recent post, Patel wrote: “$SOL is back at the same buy zone that pumped it 2,200% last cycle. Will it hit $1000 in alt season?” The tweet points to a pattern that has repeated across multiple cycles, where this price range served as a launchpad for large moves higher.

$SOL Is Back At The Same Buy Zone That Pumped It 2,200% Last Cycle.

Will It Hit $1000 In Alt Season? pic.twitter.com/C1tvo3xyx9

— Crypto Patel (@CryptoPatel) May 2, 2026

Key Levels to Watch

A SOL liquidation heatmap shared by CoinAnk shows short positions building in the $84 to $87 zone. Price dipped to around $81 before rebounding toward that upper cluster. Liquidation heatmaps track where leveraged positions could be forced closed if price reaches certain levels.

Analyst Don has shared a chart showing $106.24 as the next key level SOL needs to reclaim. Until that level is cleared, the chart does not show a confirmed return of bullish momentum. Above $106, a further target sits at $260.17, though that remains well out of reach for now. If buyers fail to hold the current zone, the chart points to a possible drop back to $80 or lower.

$SOL needs to get above the $106 to enable full bull mode again.

right now it looks like $80 is on the table again, but I expect bulls to step in and defend. pic.twitter.com/YzOQ6IsWOo

— Don 🐂 (@DonWedge) April 30, 2026


Zuna


Triangle Pattern Adds More Pressure

Analyst Javon Marks shared a chart showing SOL locked inside a large triangle pattern. The structure shows lower highs and higher lows forming over a long period, which typically compresses price before a larger move.

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Broadening Formation present in solana:So11111111111111111111111111111111111111112!

With prices right at support of this pattern, there’s potential Solana pushes right off towards the high $300 price points… pic.twitter.com/tq4fY9lcTp

— JAVON⚡️MARKS (@JavonTM1) May 1, 2026

Solana is currently sitting near the lower edge of that triangle, around $75 to $85. If buyers defend that level, the breakout targets come in around $250 to $300. A break below the mid-$60s, however, would weaken the pattern and put the $45 area into focus.

At the time of writing, SOL is still holding inside the current support zone between $80 and $90, with $106.24 remaining the next major level for bulls to reclaim.





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