$SOL Market Breakdown

Current Action: $SOL is reclaiming the $85 mark after a sharp 10% surge from recent lows.

Solid Floor: Successfully bounced off the $77–$78 support zone.

Immediate Ceiling: Facing a heavy resistance cluster between $87–$90.

Momentum: Reclaiming the 20 and 50 EMAs on short timeframes, but remains below the 200 EMA (~$84).

Bull Case: A decisive break above $90 targets the $95–$100 psychological barrier.

Bear Case: Failure to hold $80 could trigger a slide back to $77 or even $68 liquidity.

Key Event: The "Graveyard Hackathon" (Feb 12–27) is boosting ecosystem interest and on-chain activity.

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SOL

85.15

+0.86%