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Solana breaks key support, risks further drop to $62-$43 zone amid bearish momentum

Technical Signals
05 Jun 2026
Coinpaper
View Source
Bearish
pluang ai news

Solana (SOL) has fallen below a critical rising channel support and is testing a key intraday floor near $67.48, signaling increased selling pressure. Analysts suggest the next major support zone lies between $62 and $43, based on Fibonacci retracement levels and Elliott Wave analysis, indicating the correction from recent highs may continue. While a minor rebound is possible, the overall trend remains bearish unless SOL can reclaim the broken trendline. A break below $67.48 could accelerate the decline toward the lower support range, highlighting caution for investors.

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