May 01, 2026
Solana ($SOL) Historic Bearish Drawdown Deepens Near $70–$80 Support Zone
TLDR: Solana maintains seven consecutive red monthly closes as bearish structure continues to dominate the trend Price holds near mid-$80s as $70–$80 support zone faces repeated tests from sellers in market flow Futures data shows rising open interest and net long positioning despite weak spot price consolidation Market compression persists as Solana trades range-bound, awaiting [...]
The post Solana ($SOL) Historic Bearish Drawdown Deepens Near $70–$80 Support Zone appeared first on Blockonomi.
Source: Blockonomi →Related News
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