$SOL
Solana has been falling sharply in recent weeks and has dropped toward lower levels near $80–$100, reflecting broader crypto market weakness and technical breakdowns. (FXStreet)
Short-term charts show sell-side pressure dominating with support under test — dips below key floors could push prices further down. (FXStreet)
📉 Bearish Technical Signals
Price action looks like it has broken key support zones and is trending lower in a down-sloping channel.
Some analysts note bearish patterns such as double tops and head-and-shoulders, suggesting risk of deeper pullbacks if support fails.
Macro liquidity and large leveraged liquidations have also weighed on SOL price recently. (AInvest)
📈 Potential Support & Short-Term Rebound
Technical indicators show SOL could be oversold near current levels, meaning short relief rallies toward $95–$105 are possible if buyers step in. (MEXC)
Holding above the $80–$95 zone is often seen as critical now — breakdown below that might expose lower levels like $60–$40 in weaker scenarios. (Analytics Insight)
📊 Longer-Term Views
Despite near-term pressure, some analysts see strong fundamentals in the Solana network — with high activity, TVL growth, and ecosystem use. (Bitcoinist.com)
Major institutions (like Standard Chartered) have projected Solana could rebound strongly over the longer term (multi-year), with price forecasts extending into the hundreds or even beyond. (Trading News)
(Longer-term views are forecast based on broader trends and not guaranteed.)
📌 Summary (Not Financial Advice)
📉 Short term: Bearish bias continues, with SOL testing key support and technical sellers in control.
📈 Bullish potential: If SOL holds support and rebounds, short rallies toward $95–$105 may occur.
📊 Watch: Levels near $80–$95 (support) and $100–$120 (resistance) for clues on next moves. (Analytics Insight)