Solana Falls Below $115 as Analysts Eye $85–$90 Support Zone
Solana is trading below the $115–$116 resistance level, with analysts highlighting downside risks toward $85, $78, or $62, according to studies shared by Crypto Feras and More Crypto Online. Crypto Feras views the structure as bearish until SOL reclaims $116, warning losses could extend to $59, while More Crypto Online notes Solana is moving within an ABC corrective wave near a $62 Fibonacci support zone. Analyst Crypto Patel argues the $85 range, aligned with the 0.382 Fibonacci retracement, may serve as an accumulation zone, and holding $85–$90 could enable a rebound toward $150 if Solana clears $116 resistance. Zora's launch of attention markets on Solana, allowing users to bet on social media trends, is seen as a catalyst that could increase network activity and influence SOL demand.