Solana (SOL) failed to hold the breakout above $89.9, indicating weak momentum, and has retreated to the previous trading range of $76.6 to $89.9. Technical indicators on lower timeframes show increasing bearish momentum, with the DMI confirming a downtrend, and the OBV approaching a local low. Currently, liquidity zones around $83 and $79 are critical; to rebound to $94 to $98, it must regain the $83 to $85 area, while a break below this zone could lead to further decline.

SOL-0.46%

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