Solana’s (SOL) market structure changed after the SuperTrend indicator produced its first 3-day buy signal since October 2025, reviving the broader bullish outlook.
last signal It emerged after months of downward pressure following the previous sell signal that preceded the 74% correction. This development indicates that bearish control has weakened significantly as buyers regained significant price levels.
Instead of extending the previous downtrend, solana Established conditions that support a possible trend reversal. As a result, market participants began to re-evaluate the asset’s medium-term outlook rather than focusing solely on short-term fluctuations.
Smart money refuses to give up long positions
Leading traders on Binance maintained their bullish stance despite Solana trading below a major resistance level.
While long accounts represented 65.45% of the followed positions, short accounts constituted 34.55%, creating a Long/Short Ratio of 1.89. These figures showed that experienced market participants continue to prefer upside risks rather than taking defensive positions.
Even after LEFT Having rebounded sharply from June lows, traders had not significantly reduced their long positions. However, the intensification of bullish positioning also highlighted rising expectations for the next breakout attempt. If resistance continues, some investors may make profits in the short term.
Despite this, positioning data shows that corporate and professional participants remain confident that the broader recovery is still open to development.
Positive funding reflects continued bullish belief
Derivatives markets continued to reinforce Solana’s improving outlook through healthy funding conditions.
At press time, OI Weighted Funding Rate It remained positive at 0.0027%; This shows that leveraged investors continue to pay to keep long positions open. This reading reflected steady demand for an uptrend without reaching levels that typically indicate excessive speculation.
Throughout the recent recovery, funding has remained largely above the neutral line despite temporary fluctuations. Such behavior suggests that buyers are consistently supporting the trend rather than aggressively chasing prices.
However, funding remained relatively moderate, reducing concerns that leverage was overheating. If Open Interest expands alongside positive funding in coming sessions, strengthened participation could provide additional support to Solana’s ongoing recovery.
Will Solana finally reclaim the $84 barrier?
Solana is approaching the $84.00 resistance following a strong recovery following a near-$60 drop in June. Buyers had already reclaimed the $78.07 support level, maintaining the recent recovery structure despite a moderate pullback below resistance.
At the time of writing, the daily RSI has reached 61.20 while its Moving Average has climbed to 52.66, indicating that purchasing power remains comfortably above the neutral threshold.
Although the recent candles reflected hesitations around $84, sellers were unable to establish a new bearish hold. Instead, buyers continued to defend higher lows, keeping the short-term structure constructive.
A clear close above $84 will likely cause the next resistance to emerge near $90. But another rejection could spur a healthy retest of $78.07 before buyers attempt another breakout.
As a result, Solana’s recovery gained credibility as the SuperTrend buy signal aligned with bullish trader positioning, positive funding, and strengthening technical conditions.
Although $84 remains the immediate hurdle, buyers continued to defend the broader uptrend. If Solana turns this resistance into support, the likelihood of a move towards $90 and eventually $100 will increase significantly.
Final Summary
- As Solana regained its bullish high time frame structure, traders continued to favor long positions over short positions.
- Buyers defended key support, but a break through $84 is still important for further upside potential.
