Solana Bullish Signals Point to $100 Target

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A parallel channel, TD Sequential buy signal, and MACD golden cross are creating a potentially bullish setup for SOL near $78.

Solana is currently trading above $76, following a recovery of more than 6% over the past week, along with the rest of the top crypto market.

With several bullish signals now aligning, one analyst believes SOL could be headed toward a level not seen since February 2026 if the current setup confirms a breakout.

Constructive Picture
According to Ali Martinez, Solana appears to be trading within a parallel channel, and $78 has emerged as an important level. A break above the mid-range near this level could push SOL toward the channel’s upper boundary around $100.

The analyst also identified a buy signal from the TD Sequential on the crypto asset’s daily chart. The setup typically anticipates a 1-4 candle upswing or the start of a new “bullish countdown.” The resistance trendline at $78.7 is near the mid-range, which makes it a crucial level for confirmation.

At the same time, the MACD has printed a golden cross, adding another sign that SOL may be approaching an upside breakout. If these signals are confirmed, Martinez says that the altcoin could be on its way to $100.

The trader pointed out that a breakout above this level could propel BTC to new all-time highs.

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