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Solana faces volatility as $870M unstaking event nears key $84-$87 support zone.

Technical Signals
02 May 2026
Tokenpost
Bearish
pluang ai news

Solana (SOL) is trading near a critical support range of $84-$87 ahead of a significant $870 million unstaking event that could increase token supply and trigger short-term price volatility. Market sentiment is cautious, with many traders expecting SOL to struggle above $85, while technical indicators suggest potential downside risks toward $80 if support fails. Despite bearish signals and reduced trading volume, some traders anticipate possible short-term rebounds due to oversold conditions. The key near-term focus remains on how the market absorbs the unstaked tokens and whether selling pressure intensifies or the price stabilizes.

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