$SOL trading around $94–$99, slightly down as it tests key support levels near $100.

📉 Recent price action has been bearish with corrective pressure and rising short bets, reflecting broader crypto weakness.

📊 Technical indicators show oversold conditions — meaning a bounce is possible if support holds.

On-chain activity and network usage remain strong, with high transaction counts and liquidity flows.

📈 Analysts note potential upside scenario toward higher levels (e.g., $260) if fundamentals improve and support sustains.

However, key levels below ~$95–$100 could trigger deeper consolidation if broken.

Long-term interest from institutional flows and DeFi activity continues to support the ecosystem broadly.

SOL

84.11

+4.13%