Apr 20, 2026
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BEARISH 📉 : Solana drops below $85, threatens slide toward $80 support zone
Solana drops under $85. Low at $82.92. Price chops below the 100h SMA and $85.
Bears rejected bids above $90. Solana (SOL) slid through $88 and $86, then based near $82.92. Source: NewsBTC chart.
Sellers defend $85–$85.50. A trendline caps at $85.50. Next cap sits at $86.80, the 50% Fib of the $90.75 → $82.92 drop. Main barrier is $88. A close above $88 opens $90, then $92.
If buyers fail at $86.80, price can retest $82.80 and $82. A break and close below $80 exposes $76.
Momentum stays soft. MACD leans bearish. RSI sits below 50. The move tracks pullbacks in Bitcoin and Ethereum.
- Intraday low and range: $82.92, trading below $85 and 100h SMA
- Resistance: $85.00–$85.50 trendline, $86.80, $88.00, then $90–$92
- Support: $82.80, $82.00; below $80.00 targets $76.00
- Indicators: MACD bearish, RSI < 50
