Solana tests $90–$94 resistance as volume and ETF inflows surge

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SOL retests $90–$94 as volume jumps. Shorts and ETF inflows add fuel.

[Solana (SOL)] trades near $91.35 and presses the $90–$94 supply zone that capped spring rallies. 24h volume rose 35% to $5.3B, signaling stronger participation (TradingView).

Brave New Coin sees short liquidations and larger futures inflows pushing price higher. Spot ETF products pulled in $50M over eight straight days, taking AUM to $863M (Brave New Coin).

The near-term levels are tight. Sellers sit at $94–$96. A denser band follows at $98–$100. A clean move above $96 opens room toward ~$110, the 50-day area cited by technical reads and early upside targets (TradingView) (CoinPaper).

SOLUSD chart

Three paths the market is watching:

  • Bull case: Hold $80, reclaim and hold above $90 on volume, aim for $110–$120 in coming weeks as shorts cover (CoinPaper).
  • Base case: Range trade persists around $82–$92 until the next catalyst window (Coinspeaker analysis).
  • Bear case: Daily close below $84 reopens $82–$78; risk of a 10–15% pullback if rejection repeats. Lower targets $75–$65 (Coinpedia).

Medium-term map still centers on $88–$90 as the line in the sand for constructive structure (Coinspeaker support/resistance).