SOL Market Observation: Keep a Close Eye on Key Support Levels

SOL previously failed to hold at $90, and along with Bitcoin and Ethereum, it has weakened. Currently, it is fluctuating around $80. The overall trend is relatively weak, so short-term traders should pay close attention to critical levels.

The main resistance above is around $85.5. If the price rebounds to this level and cannot stabilize, it is likely to fall back again. On the downside, watch the support at $82—$80. If $80 breaks, the market could further decline toward $72.

From a technical perspective, the hourly MACD remains bearish, and although RSI is above 50, the bullish momentum is not strong.

In simple terms, the short-term focus is whether $80 can hold. If it does, there may be room for a rebound; if not, the price will continue to seek support lower.

Rebound resistance levels:
$85, $88.