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Solana risks dropping below $75 unless it reclaims $78-$79, with $60 as a potential downside target.

Market News
12 Jul 2026
Coinpaper
View Source
Bearish
Solana risks dropping below $75 unless it reclaims $78-$79, with $60 as a potential downside target.

Solana's price is currently testing a crucial resistance level around $78-$79. If buyers fail to reclaim this area, the price could fall toward $73-$74 and possibly revisit the $60 support level. A successful reclaim above $78-$79 could lead to a stronger recovery targeting $95. However, recent breakdowns below a rising channel and repeated rejections from resistance suggest short-term bearish momentum, with $75 as the next key support level to watch.

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