$SOL is gradually trending lower and approaching the $76 support zone, an area that has previously acted as short‑term demand on the chart. This level is technically important because it sits near recent local lows and a visible liquidity pocket where stop‑loss orders may be clustered. A brief move below $76 — often referred to as a liquidity sweep — would not be unusual in current market conditions, especially if overall crypto market momentum remains cautious.
If price flushes below $76 with high volume and quickly reclaims the level, that could signal absorption of sell pressure and open the path toward a relief move into the $82–$85 resistance range, which aligns with prior rejection zones. However, a sustained breakdown below $76 with strong continuation volume would weaken the short‑term structure and shift focus to lower support levels. For now, the key factor is reaction strength at support, not just the level itself.
SOL
84.84
+7.33%