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Solana tests critical $80–$86 support amid weakening momentum and mixed short-term outlook.

Technical Signals
17 May 2026
Tokenpost
View Source
Bearish
pluang ai news

Solana (SOL) is currently testing a key support zone between $80 and $86, with its price dropping to around $85.94 amid weakening momentum and reduced trading activity. Despite short-term bearish signals like falling trading volume, liquidations, and softer on-chain activity, institutional interest remains strong, highlighted by over $1 billion in Solana ETF assets and recent Morgan Stanley purchases. Technical analysts see this support band as crucial; holding it could lead to a rebound toward $98 and $100, while a breakdown below $80 might trigger deeper declines. Longer-term outlooks remain optimistic due to institutional inflows, network throughput, and upcoming scalability upgrades.

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