SOL for $82.6–$91.4 demand: hold vs risk say e go break out to $100
Solana (SOL) dey trade near $87.65 after e don drop across different timeframes, and traders dey watch whether the key on-chain demand zone fit hold. Ali Martinez flag say over 100M SOL move between $91.45 and $82.60, make $82.6–$91.4 be the main area wey bulls must defend. If SOL lose this range, downside levels wey dem mention include $53.10, $35.40 and $23.60.
Technicals still bearish. Crypto Patel note rejection for the $140–$145 resistance area, break below $120, and rising wedge around ~$87. If the wedge break, e fit make selling extend back toward $80 and into the $70–$65 band. Resistance still dey around $95–$100 and $120.
But e get rebound setup. CryptoCurb point to rising trendline support from recent accumulation. If SOL hold the trendline and break above $90–$95, momentum fit push SOL through $100 and open room toward $120–$150.
Key levels for traders: defend $82.60–$91.45 demand, and watch whether $90–$100 flips from resistance into support—otherwise the risk of bearish continuation remain high.
Neutral
Both articles dey highlight say SOL get split scenario. Di latest update add exact on-chain demand zone ($91.45–$82.60, wit $82.6–$91.4 as di trading range wey dey watch). Dat zone fit trigger small relief bounce if dem defend am, but di bearish technical backdrop (rising wedge and earlier rejection/breakdown) dey keep downside scenarios active if e fail. Short-term price action likely go be range-to-volatility with conditional direction: if e hold $82.60–$91.45 e go keep di rebound/break-$100 plan alive, while if e break down e likely go accelerate selling toward di lower targets wey dem mention. Long-term bias still cautious cos di broader structure described remain bearish unless SOL sharply reclaim and hold above $100 and follow-through resistance levels.