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🟣 Sol Price Prediction: Solana $40 Warning Grows as SOL Loses Key Resistance
Solana failed again near the $86–$88 resistance zone, keeping sellers in control on the daily chart. The chart now points to $67 as the next major support, while KNIGHT’s post keeps the wider $40 bearish target in focus.
🔸 Solana Breaks Triangle as $SOL Price Faces $77 Target
Solana broke below a tightening triangle on the 1-hour chart, shifting short-term pressure toward the downside.
The chart shared by Ali Charts shows $SOL trading near $83.81 after losing support inside the triangle pattern. The setup formed through late April as price moved between lower highs and higher lows. However, the latest move pushed $SOL under the lower trendline, which weakened the structure.
Ali Charts said the breakout could set up a move toward $77. That target now becomes the main downside level if sellers keep control and Solana fails to recover above the broken support area.
The chart also shows $SOL rejected near the upper trendline before the drop. After that, price fell quickly through the lower side of the pattern and continued lower around the $84 area. This move shows that buyers lost short-term control after several failed attempts to push the price higher.
For now, $SOL needs to reclaim the broken trendline to reduce downside pressure. Until then, the chart keeps the focus on the $83, $82 and $77 zones.
A move back above the triangle would weaken the bearish setup. However, as long as Solana trades below the breakdown area, the $77 target remains in focus.
🔸 Solana Price Weakens as Chart Points to Deeper Drop
Solana is trading near $83.76 on the daily chart after another rejection from the upper resistance zone.
The chart shared by KNIGHT shows $SOL moving below the blue resistance area near the $86–$88 range. Price has tested that zone several times since February but failed to hold above it. As a result, sellers are still defending the same area.
#SOL | #Solana
{spot}(SOLUSDT)