SOL Technical Outlook: Solana Holding Above Macro Base After Losing 0.236 Solana remains in a sustained corrective downtrend after rejecting from the $160–$182 resistance cluster (0.5–0.618 Fibonacci zone). The breakdown below 0.382 ($138) and later 0.236 ($111) confirmed structural weakness, accelerating the decline toward macro support. Price is now consolidating near $84–$90, just above the macro Fibonacci 0 level at $67.14, forming a short-term base after a sharp selloff. This is a critical decision zone for SOL’s next major move. EMA Structure (Strong Bearish Alignment) 20 EMA: $90.72 50 EMA: $106.77 100 EMA: $124.25 200 EMA: $142.90 SOL is trading below all major EMAs, confirming strong bearish alignment across all timeframes. The $90–$107 zone (20 & 50 EMA cluster) now acts as immediate dynamic resistance. Broader structural resistance remains between $124–$143 (100 & 200 EMA). Any upside move into these areas is likely corrective unless reclaimed with strong momentum and daily acceptance. Fibonacci & Price Structure 0.786 Fib: $213.60 0.618 Fib: $182.29 0.5 Fib: $160.31 0.382 Fib: $138.32 0.236 Fib: $111.11 Fib 0 (Macro Base): $67.14 SOL failed to sustain above the 0.382–0.5 region, then decisively broke below 0.236, confirming continuation of the bearish structure. Current consolidation around $84–$90 suggests temporary absorption of sell pressure. A breakdown below $84 would expose SOL to the $67 macro base, while holding this zone could allow a relief bounce toward $90–$107 resistance. RSI Momentum RSI (14) is currently around 37, indicating weak but stabilizing momentum. RSI remains below the 50 equilibrium level, meaning the broader trend is still corrective rather than a confirmed bullish reversal. 📊 Key Levels Resistance $90–$107 (20 & 50 EMA cluster) $111 (0.236 Fib) $138 (0.382 Fib) $160 (0.5 Fib) Support $84–$85 (local consolidation demand) $67 (macro base / Fib 0) RSI: 37 — weak / stabilizing 📌 Summary Solana is consolidating above macro support after a sharp corrective breakdown. While downside momentum has slowed near $84, the broader structure remains bearish below $111–$124. A sustained recovery requires SOL to reclaim $111 (0.236) and stabilize above the EMA cluster. Failure to hold above $84 would likely trigger continuation toward the $67 macro base. $SOL #SOLStandsStrong
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#SOLStandsStrong
Solana remains in a sustained corrective downtrend after rejecting from the $160–$182 resistance cluster (0.5–0.618 Fibonacci zone).
The breakdown below 0.382 ($138) and later 0.236 ($111) confirmed structural weakness, accelerating the decline toward macro support.
Price is now consolidating near $84–$90, just above the macro Fibonacci 0 level at $67.14, forming a short-term base after a sharp selloff.
This is a critical decision zone for SOL’s next major move.
EMA Structure (Strong Bearish Alignment)
20 EMA: $90.72
50 EMA: $106.77
100 EMA: $124.25
200 EMA: $142.90
SOL is trading below all major EMAs, confirming strong bearish alignment across all timeframes.
The $90–$107 zone (20 & 50 EMA cluster) now acts as immediate dynamic resistance.
Broader structural resistance remains between $124–$143 (100 & 200 EMA).
Any upside move into these areas is likely corrective unless reclaimed with strong momentum and daily acceptance.
Fibonacci & Price Structure
0.786 Fib: $213.60
0.618 Fib: $182.29
0.5 Fib: $160.31
0.382 Fib: $138.32
0.236 Fib: $111.11
Fib 0 (Macro Base): $67.14
SOL failed to sustain above the 0.382–0.5 region, then decisively broke below 0.236, confirming continuation of the bearish structure.
Current consolidation around $84–$90 suggests temporary absorption of sell pressure.
A breakdown below $84 would expose SOL to the $67 macro base, while holding this zone could allow a relief bounce toward $90–$107 resistance.
RSI Momentum
RSI (14) is currently around 37, indicating weak but stabilizing momentum.
RSI remains below the 50 equilibrium level, meaning the broader trend is still corrective rather than a confirmed bullish reversal.
📊 Key Levels
Resistance
$90–$107 (20 & 50 EMA cluster)
$111 (0.236 Fib)
$138 (0.382 Fib)
$160 (0.5 Fib)
Support
$84–$85 (local consolidation demand)
$67 (macro base / Fib 0)
RSI: 37 — weak / stabilizing
📌 Summary
Solana is consolidating above macro support after a sharp corrective breakdown.
While downside momentum has slowed near $84, the broader structure remains bearish below $111–$124.
A sustained recovery requires SOL to reclaim $111 (0.236) and stabilize above the EMA cluster.
Failure to hold above $84 would likely trigger continuation toward the $67 macro base.
$SOL #SOLStandsStrong