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$SOL just lost the floor — and bears are back in control.
Solana broke below the key $74–$75 range support after weeks of weak consolidation and lower highs. Price is now trading under every major EMA, with the 20 EMA at $82.52 acting as the first wall and the 200 EMA at $106 still far above as macro resistance.
The structure is ugly: broken range, descending resistance intact, lower highs, lower lows, and no strong bullish reaction after the liquidity sweep.
RSI is crushed at 23.1, so a bounce can happen — but oversold does not mean reversal.
Key upside reclaim zones: $74.70, $76.97, $82.50, then $85.10.
Key danger zones: $70.90 and $67.14. Lose $67, and the February lows could get swept.
For now, $SOL needs to reclaim $74–$77 fast or the chart stays in bear mode. Bulls are defending the last real demand zone. Bears smell blood.