$SOL
• Solana (SOL) is trading below $90, after slipping beneath $100 and key support levels in recent weeks. (TechStock²)
• Price action shows a bearish trend with sideways volatility, with several technical reports warning of deeper corrections or structural shifts. (CoinDCX)
Highlights from recent market analysis:
📉 SOL extends its correction below $100 amid market weakness and bearish momentum. (TMGM)
📊 Technical analytics suggest price may be setting up for a breakout or further decline, depending on whether buyers step in. (MEXC)
🏦 Standard Chartered cut its 2026 target for Solana to ~$250, although it still sees long-term growth potential. (MEXC)
🔁 Recent rebounds above ~$80 hint at short-term support but markets remain fragile. (Coinpedia Fintech News)
📉 Bears point to rising selling pressure and key resistance near prior levels. (CoinDCX)
📉 Short-Term Technical View
Bearish Signals
• Solana broke below near-term support levels like $120 and ~$95, signaling a shift to a downtrend. (CCN.com)
• Price is trading in a descending channel, with momentum indicators leaning negative. (CCN.com)
Bullish / Mixed Signals
• Some swing analysts note potential demand zones and short rebounds around the $70-$90 range. (TechStock²)
• Institutional interest and network upgrades could provide catalysts later in 2026. (CoinMarketCap)
🎯 Key Levels to Watch
Support:
• $70–$80 — recent low and psychological zone. (TechStock²)
• $60 — deeper downside risk if selling intensifies.
Resistance:
• $100–$110 — first hurdle for stabilizing price. (CoinDCX)
• $120+ — break above could signal more positive momentum.#USIranStandoff #WhenWillBTCRebound #ADPDataDisappoints #RiskAssetsMarketShock

