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SOL Price Analysis: Solana Risks $67 Retest After $90 Resistance Fails 3 Times
Solana has been under pressure for a while now, and the latest price action isn’t doing much to change that picture. After several failed attempts to push above $90, SOL has drifted back down toward a key support area around $76. The question now is whether that level can hold, or whether the next stop is the monthly low near $67.
$90 Cap Holds as SOL Slides Back Toward $76
The $90 zone has proven to be a stubborn ceiling. It was tested repeatedly, but buyers couldn’t push price through it, and with that resistance intact, the focus has shifted to the downside. On the 2-hour SOL perpetual chart, Solana is trading below both the 20 and 50 EMAs, a sign that the short-term trend remains tilted lower. The $76 area is marked as the first meaningful support, but the setup looks fragile. With Bitcoin also looking uncertain at its own key levels, there’s a real chance the $76 swing low fails before any stable recovery kicks in, possibly triggering a liquidity sweep before buyers step in.
The most optimistic near-term scenario would be buyers defending the $76 support zone while watching for a bounce into the mid-$80s, but that case still depends heavily on broader market conditions cooperating.
If $76 Breaks, the $67 Monthly Low Becomes the Target
If $76 gives way, the next highlighted level on the chart is the monthly low near $67. That area is seen as a potential accumulation zone, but only after a capitulation-style flush that clears out weaker positions. There’s no indication of urgency to step in before that kind of move plays out.
Technical analysis has also pointed to $76.50 acting as a critical line that can define whether a local bottom is forming. A clean hold with follow-through would put the bearish case under pressure. A break below it likely keeps the $67 target in play.
More broadly, rejection at the $90 resistance area as a trigger for pullback scenarios toward lower supports has come up repeatedly in recent Solana coverage. Until structure shifts and momentum turns decisively bullish, the path of least resistance remains to the downside.