SOL Technical Outlook: Solana Consolidates at Cycle Lows After Impulsive Breakdown
Solana remains under sustained bearish pressure following a prolonged downtrend from the cycle high near $253. After losing the 0.236 Fibonacci level ($111), price accelerated lower and recently tapped the macro base near $67 (Fib 0) before staging a modest bounce.
The current structure shows short-term consolidation between $85–$90, but the broader trend remains decisively bearish unless major resistance levels are reclaimed.
EMA Structure (Bearish Alignment Remains Intact)
20 EMA: $87.41
50 EMA: $101.75
100 EMA: $119.61
200 EMA: $139.42
SOL is trading below all major EMAs, with a clean bearish stack (20 < 50 < 100 < 200).
The $87–$102 zone now acts as immediate dynamic resistance, reinforcing downside pressure.
Unless price reclaims the 50 EMA decisively, upside moves are likely corrective.
Fibonacci & Market Structure
1.0 Fib (Cycle High): $253.47
0.786 Fib: $213.60
0.618 Fib: $182.29
0.5 Fib: $160.31
0.382 Fib: $138.32
0.236 Fib: $111.11
Fib 0: $67.14
The breakdown below $111 (0.236 Fib) confirmed structural weakness and trend continuation.
Price recently wicked into the $67 macro base, which represents the final major retracement support of the broader cycle move.
Holding above $67 keeps the possibility of a longer-term accumulation phase alive.
A confirmed breakdown below this level would expose SOL to deeper historical consolidation zones.
RSI Momentum
RSI (14) is currently near 44, recovering from previously oversold conditions.
Momentum has improved slightly, but remains below the 50 midline — signaling that bullish strength is still limited.
A sustained push above 50 on RSI would be the first sign of improving momentum.
📊 Key Levels
Resistance
$87–$90 (20 EMA / range top)
$101–$111 (50 EMA + 0.236 Fib)
$138 (0.382 Fib)
Support
$85 (range support)
$67 (macro cycle base)
Below $67: structural breakdown risk
RSI: 44 — neutral, slight recovery
📌 Summary
Solana remains in a broader bearish structure after losing key Fibonacci support at $111. While price has stabilized near the $67 macro base and is attempting short-term consolidation, trend structure and EMA alignment continue to favor sellers.
Only a sustained reclaim of $101–$111 would begin to neutralize downside pressure. Until then, rallies are likely corrective within a broader downtrend, with $67 remaining the critical macro support to watch.
$SOL
#CryptoMarketRebounds
Solana remains under sustained bearish pressure following a prolonged downtrend from the cycle high near $253. After losing the 0.236 Fibonacci level ($111), price accelerated lower and recently tapped the macro base near $67 (Fib 0) before staging a modest bounce.
The current structure shows short-term consolidation between $85–$90, but the broader trend remains decisively bearish unless major resistance levels are reclaimed.
EMA Structure (Bearish Alignment Remains Intact)
20 EMA: $87.41
50 EMA: $101.75
100 EMA: $119.61
200 EMA: $139.42
SOL is trading below all major EMAs, with a clean bearish stack (20 < 50 < 100 < 200).
The $87–$102 zone now acts as immediate dynamic resistance, reinforcing downside pressure.
Unless price reclaims the 50 EMA decisively, upside moves are likely corrective.
Fibonacci & Market Structure
1.0 Fib (Cycle High): $253.47
0.786 Fib: $213.60
0.618 Fib: $182.29
0.5 Fib: $160.31
0.382 Fib: $138.32
0.236 Fib: $111.11
Fib 0: $67.14
The breakdown below $111 (0.236 Fib) confirmed structural weakness and trend continuation.
Price recently wicked into the $67 macro base, which represents the final major retracement support of the broader cycle move.
Holding above $67 keeps the possibility of a longer-term accumulation phase alive.
A confirmed breakdown below this level would expose SOL to deeper historical consolidation zones.
RSI Momentum
RSI (14) is currently near 44, recovering from previously oversold conditions.
Momentum has improved slightly, but remains below the 50 midline — signaling that bullish strength is still limited.
A sustained push above 50 on RSI would be the first sign of improving momentum.
📊 Key Levels
Resistance
$87–$90 (20 EMA / range top)
$101–$111 (50 EMA + 0.236 Fib)
$138 (0.382 Fib)
Support
$85 (range support)
$67 (macro cycle base)
Below $67: structural breakdown risk
RSI: 44 — neutral, slight recovery
📌 Summary
Solana remains in a broader bearish structure after losing key Fibonacci support at $111. While price has stabilized near the $67 macro base and is attempting short-term consolidation, trend structure and EMA alignment continue to favor sellers.
Only a sustained reclaim of $101–$111 would begin to neutralize downside pressure. Until then, rallies are likely corrective within a broader downtrend, with $67 remaining the critical macro support to watch.
$SOL
#CryptoMarketRebounds
