Solana is navigating a tense "indecision zone" this February 7, 2026. After recovering from a $68 low to trade near 84.86, $SOL is showing balanced price action on lower timeframes.
Despite bearish sentiment in derivatives, institutional interest remains high, with WisdomTree launching tokenized funds on-chain. This structural compression often precedes a volatile expansion; watch for a decisive 4-hour candle close to confirm the next directional trend.
SOL Market Update
* Support: 84.50 – 83.80
* Resistance: 86.80 – 88.00
* TP1: 86.80
* TP2: 88.00
* TP3: 89.50
A breach below $84.50 risks a retest of the $80 psychological floor, while reclaiming $88.00 targets the $92 supply zone.
