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StocksUpdated×5•Originally published 20 April 2026•Updated 21 April 2026•

1 min read

Solana Tests Key Support Levels Amid Signs of Bullish Reversal

Key Facts

1Ondas Inc. stock shows early signs of a technical wedge breakout.

2Momentum indicators and trend support suggest potential further upside if key resistance levels are cleared.

Solana (SOL) is currently testing key support levels, with technical data indicating a 65% probability of retesting the $82 support level before attempting a breakout toward $90. Simultaneously, Hedera (HBAR) is showing its tightest price consolidation in months at the $0.09 level, signaling a potential breakout. Technical setups for HBAR suggest a potential 40% rally targeting the $0.12 resistance level within the next two weeks. While SOL's momentum recently stalled at the 50-day Moving Average (MA) due to selling pressure, the broader market setup remains positioned for a reversal. Analysts view this phase as a necessary consolidation before the next leg up for these digital assets. Traders are now focusing on volume confirmation to validate the recovery toward the identified resistance zones.

about 1 month ago

Version History

Version 5about 1 month ago

What changed: Added new information regarding HBAR's tight price consolidation and a projected 40% bullish rally.

Version 4about 1 month ago

What changed: Added specific price targets ($82 and $90), a 65% statistical probability for the retest, and identified the 50-day Moving Average as a key technical hurdle.

Version 3about 1 month ago

What changed: The focus shifted from GUN token's resistance test to Solana (SOL) testing critical support levels and potential bullish reversal patterns.

Version 2about 1 month ago

What changed: Shifted focus from TON token to GUN token following a 33.78% surge and the emergence of a retail vs. institutional battle at the $0.024 resistance level.

Version 1about 1 month ago

What changed: The focus shifted entirely from Ondas Holdings to the technical analysis of the TON token, specifying new resistance and support levels.