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Solana sees strong $73.75 accumulation despite price dip, with traders bullish on recovery.

Technical Signals
29 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Solana's $73.75 price level has become its largest on-chain accumulation zone, with over 50 million SOL tokens traded there, showing strong investor confidence despite recent price weakness. Professional traders remain bullish, with 75% holding long positions, expecting a recovery rather than a prolonged decline. However, technical indicators show caution as Solana trades within a descending channel and struggles to break resistance levels. A break above $78.45 could renew optimism, but failure may push prices toward lower support levels around $70.10 and $62.07.

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