Solana tests key support near $82 as buyers seek a bounce above $85 for recovery signal

Solana (SOL) is trading near a critical support zone around $82, close to several Fibonacci levels, after reaching a short-term target on the 4-hour chart. Buyers need to push the price above the green signal line near $85.50-$86.00 to confirm a local low and potential recovery. If SOL fails to bounce, further declines toward $78.89, $77.95, or lower support levels near $75.40 and $71.92 could occur. Holding this support zone, dubbed the "Great Wall of SOL," is crucial to prevent further downtrend and may serve as a base for a recovery if buying momentum strengthens.