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Solana nears key $67 support, showing signs of forming a multi-month bottom amid weakening bearish momentum.

Technical Signals
02 Aug 2026
Coinpaper
View Source
Neutral
Solana nears key $67 support, showing signs of forming a multi-month bottom amid weakening bearish momentum.

Solana's price is approaching a critical support level around $67 after a decline from recent highs near $78. Technical analysis suggests the cryptocurrency may be forming a long-term bottom similar to its 2022-23 accumulation phase, supported by bullish RSI divergence indicating weakening downward momentum. However, confirmation of a trend reversal requires Solana to reclaim resistance between $95 and $100. A failure to hold $67 could lead to further declines toward $62-$63. Investors should watch for a clear bounce at $67 and a move above short-term resistance to signal a potential recovery.

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