Solana stock faces selling pressure after breaking major support levels

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to slide Cut the price Below the level $85 It has a greater importance than it seems, since this level has been working as a short-term support, and its loss completely changes the control of the sellers.

Power is waning; The Relative Strength Index (RSI) is moving into oversold territory, while the MACD remains negative, confirming that buyers have not reacted strongly.

The main problem is the high resistance, as the circuit is centered 86 and 88 dollars Being a cheap price, the money has failed SOL It has already recovered several times, reinforcing the current downward pressures.

Also, the flow of funds does not look encouraging, as the demand for ETFs remains weak. Social decline also reflects declining financial interest, which often leads to a longer and slower consolidation period rather than a quick recovery.

Will the price of Solana return to the $90 level, or will the path open to $77?

Moving money SOL Currently in the middle of a downtrend, it is experiencing a drop in prices between… 84 and 86 dollars Almost without clear and understandable instructions.

Pivot level is $86.3; If Solana can close above that, the price will start to move, opening the door to a higher mid-90s.

Conversely, it represents a level $84 Short help, but the real level is on $80. If the latter is broken, the decline can accelerate to levels in the mid-seventies.

At the moment, the most anticipated event is the ongoing joint move between… 81 and 87 dollars It’s narrow marketing.

In short, we are facing a price problem, and the solution will come from breaking the standard $86 Above or $80 Bottom line, not from the current version.

A note Solana stock faces selling pressure after breaking major support levels appeared for the first time Cryptonews Arabic.

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