📉 Current Price Action & Sentiment
$SOL #SOL is trading sideways to slightly up, but momentum remains fragile after a significant corrective phase. Recent data shows price trapped roughly between low-$80 support and mid-$80 resistance levels. �
BeInCrypto
Markets are weighed down by risk-off sentiment and leverage unwinding, following a ~45% drop from recent highs. �
IG
Technical indicators remain bearish, with prices often below key moving averages and short-term downward trends intact. �
Economies.com
🔍 Bullish vs Bearish Signals
Bearish:
Price action suggests possible continuation of downside if support breaks (~$80 or lower). �
CCN.com
Weak demand signals (less new addresses & increased selling pressure). �
BeInCrypto
Bullish / Neutral:
Consolidation can set a base for a bounce if buyers step in at current support ranges. �
BeInCrypto
🧠 Key Levels to Watch
Support: Around $75–$80 — losing this could deepen the correction. �
CCN.com
Resistance: Broken upside levels may target $90+ if sentiment improves.
⚠️ Summary: Solana’s price shows cautious short-term behavior, with a bearish tilt unless major support holds. It’s a market in consolidation, where a breakout either way could signal the next directional move.#solana #SolanaStrong #sol #solonapumping #solanAnalysis