Solana Rebounds From $66 Support as MANIFEST Eyes $16M Breakout

Solana rebounded from a key support zone near $66 while MANIFEST's market cap recovered from $8 million to $12.47 million. Both cryptocurrencies are testing critical resistance levels that could determine their next directional moves. Buyers are defending established support zones, with SOL targeting $98.40 resistance and MANIFEST eyeing a breakout above the $16 million market cap threshold. Technical analysts are monitoring these decision points as stronger upside depends on breaking through current resistance barriers.

Solana Tests $98 Resistance After $66 Support Bounce

Solana recovered after briefly falling below the support area near $66. The daily chart from analyst TraderSZ shows SOL moving back above the marked horizontal support zone, indicating buyers are defending the level.

The next major resistance sits near $98.40. A move above that level could open the way toward higher targets around $120 and $130.70 shown on the chart. However, losing the current support zone would put the $66 level back in focus and weaken the recovery attempt.

MANIFEST Market Cap Rebounds Toward $16 Million Breakout Level

MANIFEST is recovering after a sharp pullback, with analyst Ozen identifying a break above the $16 million market cap level as the next bullish trigger. The chart shows the token's market cap rebounding from approximately $8 million to $12.47 million.

A move above $16 million could strengthen momentum and open the way toward the $30 million area. Ozen expects MANIFEST to challenge its previous high near the $40 million zone. The token must first reclaim $16 million and hold above it to confirm the recovery. Failure to break that level could keep the market cap under pressure.

FAQ

What support level did Solana bounce from? Solana rebounded from a key support zone near $66 after briefly falling below that level, with buyers defending the area and pushing price back above the horizontal support zone.

What market cap level does MANIFEST need to break for a bullish signal? Analyst Ozen identifies $16 million as the critical market cap breakout level for MANIFEST, with the token currently at $12.47 million after recovering from approximately $8 million.

What are the next resistance targets for Solana? Solana's next major resistance sits near $98.40, with higher targets at $120 and $130.70 if buyers break through the initial resistance level.