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Solana Shows Positive Trend: MakroVision Insights

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by Giorgi Kostiuk

11 hours ago


According to a recent market assessment from MakroVision, Solana continues to exhibit a strong bullish trend following its recent price increase.

General Analysis of Solana

MakroVision highlighted that Solana has maintained a consistent trendline that began forming several months ago. One key area within this structure—the so-called 'golden pocket'—provided significant support during recent corrections and has acted as a launchpad for the latest rally.

Growth Potential and Support

Earlier predictions from the firm identified the $126–$131 range as a likely consolidation point, which successfully held before SOL broke above $159. This triggered what analysts believe could be the early stages of a larger upward movement. Since then, Solana has climbed over 60% from its recent bottom, reaching a key milestone around $188.

Outlook and Recommendations

Looking ahead, MakroVision believes the next upside targets lie between $236 and $270, based on Fibonacci extension levels. However, the firm also cautions against misinterpreting short-term dips. A healthy pullback toward $170, they argue, would likely represent a reaccumulation phase as long as that level holds.

Overall, the outlook according to the report remains bullish, with Solana showing signs of strength in both technical formation and market structure. As long as support levels are respected, analysts see the potential for further upside in the weeks ahead.

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