Solana Price Tests $73 Support in a Make‑or‑Break Moment
Holding $73 preserves Solana's bullish structure.
Overview
- Citing Monday's price data, SOL traded around $73.9, sitting just above the 0.382 Fibonacci level that analysts identify as the immediate decision point.
- Analysts say reclaiming $77 would clear descending resistance and likely open a run toward the $80–$84 zone.
- If $73 fails, technical models point to sequential supports at about $71, then the $68–$64 liquidity band, with the June low near $60 and a longer‑term accumulation range of $52–$73 below that.
- Brave New Coin reports a short‑term breakout attempt near $76 with improving momentum and higher USDC supply on Solana, which could help trading and on‑chain activity if buyers hold the breakout.
- Market watchers warn that leveraged positions and liquidation clusters could amplify moves in either direction and that Crypto Patel's $500–$1,000 weekly targets depend on multiple confirmed breakouts and sustained retention of long‑term support.