Overview
- Solana, which rebounded to the mid-$80s Friday after a dip to $81.40, is pressing against the apex of a tight triangle that analysts say could trigger about a 10% move.
- Sellers have batted back attempts near $90 six times, keeping the token locked in a roughly $77 to $90 range.
- Short-term momentum has weakened, with a daily MACD bearish cross and a rounded-top pattern showing on lower time frames.
- Demand has cooled as transactions fell for nine straight weeks, DEX trading slid more than 60% from February, and monthly ETF inflows dropped to their lowest since launch.
- A break below the $78 to $80 support could point to $75 or $70 next, while Solana’s core teams say test-ready Falcon post‑quantum signatures can be enabled without slowing the network.