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Solana rebounds 3% near $80 but risks dropping to $67 amid bearish pressure and market uncertainty.

Technical Signals
31 Mar 2026
Blockonomi
View Source
Bearish
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Solana (SOL) recovered 3% after hitting the $80 support level, with daily trading volume up 90% to $3.7 billion. Despite this rebound, bearish signals persist, including a low Relative Strength Index and critical resistance at $84-$85. Failure to hold above $78 could push SOL down to $67, a 20% drop from current prices. Broader market concerns like inflation, geopolitical tensions, and crypto outflows add pressure, with some analysts warning SOL could fall to $50 in 2026. Investors view the $70-$80 range as a potential accumulation zone but remain cautious about a full recovery.

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