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Solana price dips near $90 as bullish momentum fades, traders watch key support and MACD signals.

Technical Signals
14 May 2026
Crypto news
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Neutral
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Solana's price pulled back from a recent high near $97.5 to around $91, retreating after hitting resistance between $94 and $98. The MACD indicator on the daily chart signals weakening bullish momentum with a potential bearish crossover, while the Relative Strength Index also shows cooling strength. Traders are closely watching the $90 support level, which if broken, could lead to further declines toward $87 and $85. Conversely, reclaiming resistance near $94-$96 could revive the rally toward $100 and beyond. The recent price action reflects cautious sentiment despite earlier gains driven by network upgrades and increased activity in Solana-based DeFi and memecoin trading.

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