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

Solana drops below $77 support, risking a fall to $27 amid weak demand below key levels.

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

Solana has fallen below its critical $75-$77 support zone, with on-chain data showing weak demand under this level. The largest cluster of investor holdings is concentrated around $77-$83, making this a key support area. If Solana fails to reclaim this zone, the next significant support levels are near $53, $35, and $27, which could lead to a deeper price drop. Analysts warn that until Solana moves back above $75-$77, downside risk remains high.

More News (SOL)

Crypto analyst says AI and privacy-focused protocols outshine Bitcoin and Ethereum in next cycle

Crypto analyst says AI and privacy-focused protocols outshine Bitcoin and Ethereum in next cycle

Jamie Coutts, chief crypto analyst at Real Vision, predicts that Bitcoin, Ethereum, and Solana may no longer be the best crypto investments as capital shifts towards AI-integrated, privacy, and on-chain application protocols. He notes that while Bitc...

Market News
Bearish
5 hours ago
Crypto market drops 8.7% amid macro pressures and heavy liquidations this week

Crypto market drops 8.7% amid macro pressures and heavy liquidations this week

The total cryptocurrency market cap fell to $2.29 trillion, down 8.7% over the past week due to macroeconomic concerns like persistent inflation and expectations of prolonged high interest rates. This environment has led to capital moving away from s...

Market News
Bearish
7 hours ago
Solana drops below $75 support, signaling potential further decline amid high selling pressure.

Solana drops below $75 support, signaling potential further decline amid high selling pressure.

Solana (SOL) fell below the key $75 support level, trading at $74.29 with a 7.36% drop in 24 hours, amid rising selling pressure and increased volume. This break signals a shift in market structure, with analysts warning of further downside possibly ...

Technical Signals
Bearish
8 hours ago
Solana (SOL) hits eight-month low, breaking $80 support amid steep volume drop and bearish outlook.

Solana (SOL) hits eight-month low, breaking $80 support amid steep volume drop and bearish outlook.

Solana (SOL) has seen an unprecedented eight consecutive months of price declines, dropping 36.4% year-to-date in 2026 and recently breaking below the critical $80 support level to reach $75.58. This decline coincides with an 82% plunge in decentrali...

Market News
Bearish
9 hours ago
Crypto longs lose $1.6B as Bitcoin, Ether, and Solana prices drop sharply

Crypto longs lose $1.6B as Bitcoin, Ether, and Solana prices drop sharply

Nearly $1.84 billion in leveraged crypto positions were liquidated within 24 hours as Bitcoin fell below $66,000 and Ether dropped under $1,900, marking the largest single-day wipeout since early February. Long positions, especially on Bitcoin, Ether...

Market News
Bearish
12 hours ago
banner-footerbanner-footer

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