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

Technical Signals
01 May 2026
Coinpaper
View Source
Neutral
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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.

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