1 hour ago
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- Solana (SOL) is stuck between $72 support and $76 resistance.
- Solana’s price action shows a tight range with possible short-term rejection risk.
- $90 remains the key breakout level for a stronger bullish move.
Solana has moved back above the $74 level after a period of sideways trading, putting the asset close to a key technical zone that traders have been watching for several days.
The latest gains come after a gradual recovery from the lower $70 range, where price repeatedly found support before pushing higher.
Is this a correction within a larger bearish trend?
Recent price action shows Solana compressing inside a well-defined range between $62.08 and $76.00.
This range has become the main battleground for buyers and sellers, with repeated reactions near both ends.
On the lower side, support has been consistently observed around $69.50 and $62.08, where buying interest has prevented deeper declines.
On the upper side, resistance is clustered between $76.00 and $83.00, a zone that has rejected multiple upward attempts in recent sessions.
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