🚨 Increased pressure on Solana — Is $SOL testing lower levels?

Solana ($SOL) has been trading within a downward channel since November, with a noticeable decline in staking activity and a slowdown in buying flows on exchanges, increasing the supply available for sale near a sensitive technical support around $96. On-chain data shows a return of short-term speculators, a pattern that may elevate volatility instead of building a stable trend.

Technically, losing the current support could open the door to testing the $65–67 areas, while recovering $98 remains an initial signal for price structure improvement. The current picture reflects a struggle between liquidity and demand — making risk management and monitoring levels crucial.

$JUP $PYTH $WIF

Do you think the support will hold? Share your opinion in the comments — and like if you found it helpful.

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