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Solana nears key resistance but faces bearish pressure; a drop to $40 support is possible if it fails to break higher.

Technical Signals
25 Apr 2026
Coinpaper
View Source
Bearish
pluang ai news

Solana (SOL) is trading near a critical resistance zone around $86.37 to $88.30, showing signs of a short-term bounce that may still be corrective rather than a confirmed bullish reversal. If SOL fails to break above $88.30, sellers could push the price lower toward support levels near $81.69 and potentially down to $40, which is identified as a major long-term support zone. The daily chart shows SOL struggling below a resistance range of $90 to $96, and a strong reclaim above this area is needed to weaken the bearish outlook. Overall, the technical setup suggests caution as SOL faces significant downside risk unless it can decisively break higher.

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