đš Solana at $80 â Is this whale demand enough to stop the slide?
Solana ($SOL ) is trading near $82, but technically itâs still under heavy pressure.
Price remains well below:
âą MA-20 ($89)
âą MA-50 ($116)
âą MA-200 ($162)
Thatâs short-, mid-, and long-term bearish structure.
đ Momentum check:
RSI near 32 â close to oversold
MACD â strong sell signal
ADX elevated â trend strength favors bears
Bull/Bear Power â sellers still dominant
In short: downside momentum hasnât disappeared.
But hereâs where it gets interesting đ
đ Whale activity is clustering near the $80 demand zone.
đ Spot SOL ETFs just saw a $2.4M inflow â longest positive streak in months.
đ 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.
đ Short-term outlook (next 5 days):
Expected range: $74 â $90
âą Break above $90 â test $97 (Ichimoku resistance)
âą Lose $74 â 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 â not the emotion.
