Solana has taken a sharp dive, flushing straight down into a heavily discounted price pocket. The aggressive selling pressure seems to be slowing down just above the $72.50 marks as buyers step in to absorb the immediate liquidations. The bears are hitting some serious friction here.

​A critical near-term demand floor is locking in around $72.50 – $73.50. $SOL keeping a firm hold on this bottom is essential for the bulls to maintain any hope of a reversal. A clean break below this zone risks exposing deeper macro support levels further down.

​The structural roadmap targets the previous breakdown shelf turned overhead resistance block at $81.00 – $82.00. If the buyers manage to open a clean higher low from this initial reaction, expect a sharp relief surge to test that key ceiling.

​The chart displays a classic exhaustion drop into a major local pivot area. Fighting the immediate downtrend carries risk, so waiting for a solid micro-structure shift or a confirmed retest remains the smartest move before looking for longs.

#solana #sol

SOL
SOLUSDT
71.69
-2.88%