Solana Faces Potential Final Downside Test Before Recovery
- Solana’s price action suggests a possible final downside move before correction completion.
- Potential price drift into the $81 to $90 range is anticipated in the short term.
- A strong reaction around the 50% Fibonacci level indicates continued buyer strength.
- Steady accumulation of spot SOL inflows reflects long-term positioning rather than speculation.
Solana’s current market structure points to a potential final test of lower support levels before any sustainable upward movement can occur. The presence of steady buying interest at key levels, especially around the critical Fibonacci mark, highlights ongoing investor confidence despite potential short-term declines.
The possibility of Solana drifting into the $81 to $90 range remains, but consistent buyer activity suggests resilience against significant breakdowns below key support zones. Source
