Solana price has turned corrective after losing key support near $88, pushing price back into its previous trading range. The shift in market structure now places $78 support at risk as downside pressure builds.
Summary
- Loss of $88 support flips level into resistance
- Price re-enters established trading range structure
- $78 value area low becomes next key downside support
Solana’s (SOL) recent price action signals a transition away from bullish continuation and back into range-bound conditions. After failing to hold above a major technical level, the market has begun rotating lower, reflecting weakening momentum and growing seller control.
The loss of a key…
