$SOL is trading around ~$86–$89 as of today — this marks a significant pullback from its January 2025 highs near ~$294. �
CoinMarketCap +1
Solana’s price recently hit sub-$80 and rebounded slightly as broader altcoins stabilize. �
CoinMarketCap
📉 Short-Term Technical View
Recent price action shows sell-offs and strong selling pressure, pushing SOL below critical moving averages and trend supports. �
MEXC
Analysts highlight that major support near ~$80–$95 must hold to avoid deeper declines toward ~$70 or lower. �
IG
Short-term sentiment is cautious bearish — momentum has been weak due to macro risk-off conditions and liquidations. �
MEXC
📈 Potential Rebound Cases
Some chart studies suggest that SOL could test resistance levels near ~$100–$120 if buying pressure returns and Bitcoin stabilizes. �
MEXC
Longer-term narratives from earlier cycles pointed toward rallies if key trendlines hold, but current price needs confirmation of higher lows first. �
Brave New Coin
📊 Market Sentiment & Key Levels
Bullish triggers (if confirmed):
Reclaiming $95–$100+ resistance
Increased network activity & institutional interest
Broader crypto recovery
Bearish risks:
Breakdown below major support ~80–$75
Continued weak risk sentiment globally
🧠 Summary
Short-term: Consolidation with risk of deeper dips if broader crypto sell-off continues. �
Medium-term: Rebound possible if key support holds and market liquidity improves — resistance at ~$95–$120 is critical. �
MEXC
MEXC
💡 Note: Crypto prices are volatile — consider this informational and not financial advice. Always do your own research before trading.#sol #solana
