Solana fails to clear $90 resistance, risks drop to $82 and $80
Solana failed to clear $90. SOL holds above $85 but flashes bearish signals.
Buyers reclaimed $85 and the 100-hour SMA. Price broke a bearish trendline at $85.50 on SOL/USD (Kraken data).
Rejection hit at $88.80, the 61.8% Fib of the $94.10 → $80.29 drop. Above $90, targets line up at $95 and $102. Below $82.50, risk shifts to $80, then $74.
- Immediate resistance $87.20; major $88.80; key $90
- Supports $84.50, $82.50; then $80 and $74
- Momentum: MACD bearish; RSI below 50
The rebound tracked moves in Bitcoin and Ethereum as noted by NewsBTC analyses (BTC analysis, ETH analysis).
Headline: Solana stalls below $90, consolidates above $85; watch $88.80/$90 and $82.50/$80
