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Solana enters $70-$50 accumulation zone with key supports at $53, $35, and $24 amid ongoing price decline.

Technical Signals
06 Jun 2026
Coinpaper
View Source
Neutral
pluang ai news

Solana (SOL) has dropped below $77 and entered a major accumulation zone between $70 and $50, signaling a potential long-term buying opportunity according to analyst Crypto Patel. On-chain data highlights key support levels at $53, $35, and $24, which could act as strong demand zones if selling pressure continues. This accumulation phase suggests investors are preparing for a possible recovery and future growth cycle, focusing on long-term value rather than short-term price moves. The next critical test for SOL will be whether it can stabilize within this support range or fall further to the lower support clusters identified by realized price data.

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