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Solana risks sharp drop if it falls below $73.75, warns analyst, with $60 next support level.

Technical Signals
29 Jul 2026
Benzinga
View Source
Bearish
pluang ai news

Analyst Ali Martinez flagged $73.75 as a critical support level for Solana (SOL), where over 50 million coins were previously bought. A sustained close below this price could trigger significant selling pressure, potentially pushing SOL down to $60, with further downside to $50 if that level fails. Recent price action shows SOL briefly hitting $74.43 before retreating, and technical indicators suggest weakening momentum. This highlights growing vulnerability for SOL amid a 40% year-to-date decline.

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