Analysts highlight $1,000 long-term target as Solana tests $82 resistance

Cycle analysis points to possible bottom and $1,000 target

CryptoCurb’s chart mapped out the two key market cycles, with the present correction lasting about 147 days longer than the 2021-2022 downtrend. The main point of emphasis is the substantial duration of the latest decline, supporting CryptoCurb’s view that further major downside appears less likely at this stage.

However, simply exceeding the prior bear market’s duration does not, by itself, confirm a bottom. While the analysis marks a potential cycle low near $74, no technical breakout or convincing reversal pattern has appeared to validate that the market has fully turned upward. Confirmation would typically require a move above key resistances, establishing higher highs and higher lows in the coming sessions.

If the bottom scenario plays out, CryptoCurb’s chart envisions Solana gradually accelerating above several hundred dollars within a multi-year timeframe, ultimately approaching or surpassing $1,000 by 2028. With this projection based on the assumption of a new growth phase, the outcome is speculative and depends on Solana replicating, then expanding upon, its previous major rallies.

CryptoCurb interprets the ongoing 567-day correction as a sign that Solana’s bearish cycle may have reached maturity, but emphasized that confirmation will require clear evidence of renewed buyer momentum at higher price levels.

A break below the area marked as the 2026 bottom could invalidate this bullish thesis and delay any significant recovery, while renewed strength above resistance would support the cycle-bottom theory.

Key resistance levels identified by short-term analysis

A separate daily chart presented by analyst Daink focuses on Solana’s shorter-term prospects. Daink highlighted a descending trendline stemming from Solana’s July peak, which has continued to limit upward movement. As SOL stabilized near $73.35, attention turned to whether buyers could break above this trendline, potentially reversing the bearish structure that has prevailed for months.

Daink identified $82.25 as the first major resistance. If Solana rallies above this level, it would signal that the coin is escaping its pattern of lower highs. The setup suggests that the $82.25 area, which overlaps with July’s rebound high, is a critical point for a momentum shift on the daily timeframe.

Additional targets laid out by the chart include $98.40, $114.55, and $130.70, marking possible checkpoints for further gains if buyers sustain control. The analyst’s scenario depicts some consolidation as these resistances are approached, especially around $98.40 and $114.55, before any significant attempt to test $130.70.

On the support side, $66.10 was identified as a critical threshold. Sustained price action below this area would weaken confidence in the bullish breakout scenario and could lead to renewed downside risks. In contrast, a hold above $66.10, combined with a trendline breakout, would offer greater credibility to the bullish setup.

The $82.25 resistance is the first major obstacle for Solana bulls; clearing it would open the path for potential upside toward $98.40, $114.55, and $130.70 while holding above $66.10 is key for maintaining the short-term positive thesis.