$ETH SOL/USDT – Key Inflection Zone Ahead
Solana is trading at $85.34, down 4.40% on the day, after tapping a 24H high of $89.63 and dipping to $84.47. Price is currently hovering right on the MA(7) at 85.33, sitting below the MA(25) at 86.16, while the MA(99) near 84.41 is acting as a critical support floor.
Volume is elevated at 291.47M USDT, signaling strong participation and positioning at this level.
As long as $84.47 holds, there’s room for a technical rebound toward nearby resistance levels. A breakdown below the MA(99) could invite further downside pressure, so this zone is pivotal.
Upside Targets:
• TP1: 87.69
• TP2: 89.65
• TP3: 91.60