🔍 Short SOL Price & Market Snapshot
$SOL is trading around ~$84 USD (recent price data).$USDC
Market cap remains significant, but price is well below previous highs. �
CoinMarketCap
📊 Current Technical Outlook
Near-term resistance is around ~$85–$90. Breaking above could open up a short recovery run.
Critical support sits near ~$78–$80 — a breakdown below this could lead to deeper consolidation. �
Blockchain News
Technical indicators (RSI, moving averages) suggest oversold or weak momentum which can lead to volatility before a clear trend forms. �
Brave New Coin
📈 Bullish Factors
SOL holds key support levels, and strong on-chain activity even as price dips hints at network strength. �
Brave New Coin
Some analysts see potential relief rallies up to around $95–$105 if the market stabilises. �
Blockchain News
📉 Bearish Risks
Market sentiment for crypto remains cautious — broader risk-off moves (like hawkish financial conditions) can pressure SOL and other risky assets. �
FXStreet
Stronger breakdowns below support could shift momentum toward lower levels.
📊 In Summary
Short-term: Balanced but cautious — watch the $85–$90 range for breakout or rejection.
Key levels to track:
✔ Support: ~$78–$80
✔ Resistance: ~$85–$90 and above if momentum returns.
Long-term: Depends on broader market trend and adoption.
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