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Solana struggles below $100 as bearish trend and market sentiment hold back rally

Technical Signals
21 May 2026
AMBCrypto
View Source
Bearish
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Solana (SOL) recently rallied to $98.41 but failed to break the key $100 resistance, hindered by a prevailing bearish trend and weak market sentiment despite Bitcoin's rise. The $95.26 level from April 2025 has acted as resistance in 2026, with sellers maintaining control just below $100. A range between $76.7 and $97.6 has formed, with the mid-level around $87.2 now acting as resistance after a recent breach. A move above $89 could shift short-term bias bullish, but as long as SOL stays below $87.3-$87.7, sellers remain dominant. The rejection from mid-range resistance could push prices back down to the range low of $76.7.

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