Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

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.

More News (SOL)

S&P 500 hits nine-week winning streak as crypto lags amid cooling bitcoin ETF demand

S&P 500 hits nine-week winning streak as crypto lags amid cooling bitcoin ETF demand

The S&P 500 achieved its longest weekly winning streak since 2023, rising nearly 20% from March lows, supported by hopes of a U.S.-Iran ceasefire extension. Brent crude stabilized near $92 a barrel, and Treasuries recovered some losses. However, majo...

Market News
Bearish
9 hours ago
Solana holds $80 support amid market pullback, with Alpenglow upgrade boosting long-term outlook.

Solana holds $80 support amid market pullback, with Alpenglow upgrade boosting long-term outlook.

Solana (SOL) is maintaining its critical $80 support level despite recent market declines, signaling potential stability. The upcoming Alpenglow upgrade, planned for the second half of 2026, aims to drastically reduce transaction finality times, enha...

Protocol Fundamentals
Bullish
11 hours ago
Anchorage Digital invests in Solstice's SLX token as TVL surpasses $400M, boosting institutional onchain yield adoption.

Anchorage Digital invests in Solstice's SLX token as TVL surpasses $400M, boosting institutional onchain yield adoption.

Anchorage Digital has made a strategic investment in SLX, the native token of Solana-based protocol Solstice, joining over 20 institutions backing the project. Solstice's total value locked (TVL) recently exceeded $400 million, reflecting strong dema...

Protocol Fundamentals
Bullish
15 hours ago
CME Group launches 24/7 trading for crypto futures including XRP and ADA, boosting altcoin market access.

CME Group launches 24/7 trading for crypto futures including XRP and ADA, boosting altcoin market access.

CME Group has introduced round-the-clock trading for its cryptocurrency futures and options, including contracts for XRP and Cardano (ADA). This move aligns CME's trading hours with the 24/7 nature of blockchain networks, allowing institutional trade...

Market News
Bullish
22 hours ago
Solana holds $80 support amid selling pressure; key level may decide recovery or deeper drop.

Solana holds $80 support amid selling pressure; key level may decide recovery or deeper drop.

Solana's price is holding above the critical $80 support zone despite recent selling pressure and market volatility. Analysts highlight this level as pivotal: maintaining it could lead to a recovery toward $100-$120, while breaking below may trigger ...

Technical Signals
Neutral
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App