$SOL Solana is facing a wave of pressure in the market right now. The current price is around $86.79, showing a 3.81% drop today. Earlier in the session, SOL showed some strength and climbed to a high of $92.98, but the momentum slowly faded as sellers stepped in.
Looking at the 15-minute chart, the trend turned clearly downward after the price reached $88.71. From there, the market began a steady decline with several red candles pushing the price lower.
The drop eventually found a temporary floor around $86.51, where buyers finally stepped in and slowed the fall. Since touching that level, SOL is showing a small bounce as traders test whether the support can hold.
Right now, the $86.50 area is acting as an important short-term support. If buyers continue defending this level, Solana could attempt a recovery toward $88 – $89.
However, if selling pressure returns and the price slips below $86.50, the next possible area of support could appear closer to $85.50.
Trading activity remains strong with over $302M in USDT volume during the last 24 hours, showing that the market is still very active.
At this moment, Solana is trying to stabilize after a sharp pullback. The market is watching closely to see if this small bounce grows into a real recovery, or if another wave of selling appears.
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