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Solana rebounds 3% from $80 but risks slide to $67 amid market fears and ETF outflows.

Technical Signals
31 Mar 2026
Blockonomi
View Source
Bearish
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Solana (SOL) rose 3% to about $82 after testing the key $80 support level, ending a four-day decline. Despite this bounce, bearish signals persist with the Relative Strength Index below 40, and critical resistance at $84-$85 must be reclaimed to confirm a reversal. Failure to hold $78 could trigger a drop to $67, a 20% decline from current prices. Market headwinds include $414 million outflows from crypto ETFs, rising inflation fears, and geopolitical tensions, all contributing to cautious investor sentiment and potential further weakness for SOL.

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