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Solana risks dropping toward $60 after falling below $83 weekly open and clearing high leverage longs.

Market News
30 May 2026
Coinpaper
View Source
Bearish
pluang ai news

Solana (SOL) is trading below its key weekly resistance level of $83.05, having lost its higher range and clearing out high leverage long positions. The price is now focusing on the $61.14 support area, which could be tested if SOL fails to reclaim the weekly open. While upside liquidity zones exist near $88 to $90 and higher around the mid to upper $90s, a confirmed recovery has yet to appear. The next major resistance levels to watch are $83.05 and $99.76, with the downside target near $60 if the current support breaks.

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