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Solana holds near $85 amid key $75-$80 support test after sharp drop from highs.

Technical Signals
18 May 2026
Coinpaper
View Source
Bearish
pluang ai news

Solana (SOL) is trading near $85 following a significant decline from its previous highs around $200-$250. The price has stabilized in a sideways range between $75 and $100, with the $75-$80 support zone critical for preventing further declines toward $60-$65. A break below this support could lead to deeper losses, while reclaiming $95-$100 may signal renewed buying interest and a potential move toward $120-$130. Recent technical analysis confirmed a short trade target near $83.95 after SOL broke a rising trendline, indicating sellers' control. The next key development depends on whether buyers can defend the $75-$80 area to rebuild momentum.

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