🚨 Solana at $80 — Is this whale demand enough to stop the slide?
Solana ($SOL ) is trading near $82, but technically it’s still under heavy pressure.
Price remains well below:
• MA-20 ($89)
• MA-50 ($116)
• MA-200 ($162)
That’s short-, mid-, and long-term bearish structure.
📉 Momentum check:
RSI near 32 → close to oversold
MACD → strong sell signal
ADX elevated → trend strength favors bears
Bull/Bear Power → sellers still dominant
In short: downside momentum hasn’t disappeared.
But here’s where it gets interesting 👇
🐋 Whale activity is clustering near the $80 demand zone.
📊 Spot SOL ETFs just saw a $2.4M inflow — longest positive streak in months.
🔓 Since June 2025, ~$870M SOL has exited liquid staking (boosting circulating supply), yet over $30B remains staked.
So we have a battle:
Rising supply vs strategic accumulation.
🔎 Short-term outlook (next 5 days):
Expected range: $74 – $90
• Break above $90 → test $97 (Ichimoku resistance)
• Lose $74 → likely move toward low $70s
Probability of sustained upside breakout remains low (<20%) for now. Base case = sideways consolidation inside the range.
Bottom line:
$80 is a key psychological and structural level.
If whales defend it aggressively, we could see corrective bounces.
But until SOL reclaims $90+ with volume, broader momentum stays bearish.
Stay disciplined. Trade the structure — not the emotion.
