Overview
- After failing to hold above $92, SOL fell to about $85.10 and is now consolidating below $88 with near-term resistance at $88–$90 and support at $85, $82 and $80.
- Multiple analysts report a confirmed head‑and‑shoulders breakdown that keeps downside targets in focus around $70–$77 unless the neckline is reclaimed.
- Brave New Coin highlights persistent higher‑timeframe resistance near $96–$97 on Supertrend signals, reinforcing the need for a stronger breakout to shift trend bias.
- On‑chain flows point to accumulation, with Ali Charts noting more than 11.8 million SOL withdrawn from exchanges over the past four days even as price weakens.
- Network fundamentals remain active with RWA tokenization above $1.82 billion and roughly 880 million weekly transactions, though fees near $4.6 million signal weak monetization as volumes fade from mid‑March highs.