Solana plummets! Watch the key support levels

SOL failed to hold $90, and along with Bitcoin and altcoins, it has entered a new downward phase, currently consolidating around $80. The key resistance is at $85.50. If it fails to break through, the next targets are $82 or $80, and a break below could lead directly to $72!

Technical analysis shows that the hourly MACD remains bearish, with RSI slightly above 50. In the short term, a rebound depends on whether the bulls can hold $80; otherwise, #sol may continue to decline.

Next rebound? First look at resistance levels at $85 and $88.