Will Solana price drop below $80 as bearish crossover forms?

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May 26

Solana price has slipped back toward $84 after a failed rebound near $86, as bearish weekly momentum and growing downside liquidity have kept traders focused on whether SOL could break below the key $...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill Solana price drop below $80 as bearish crossover forms?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-26 16:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/will-solana-price-drop-below-80-as-bearish-crossover-forms/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Solana price has slipped back toward $84 after a failed rebound near $86, as bearish weekly momentum and growing downside liquidity have kept traders focused on whether SOL could break below the key $...</p>\n\n<a href=\"https://crypto.news/will-solana-price-drop-below-80-as-bearish-crossover-forms/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GSOL","symbol_name":"Grayscale Solana Trust ETF","start_time":0,"source_url":"https://crypto.news/will-solana-price-drop-below-80-as-bearish-crossover-forms/","article_id":"2638592782","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/will-solana-price-drop-below-80-as-bearish-crossover-forms/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2638592782","pubTimestamp":1779785166,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Solana price has slipped back toward $84 after a failed rebound near $86, as bearish weekly momentum and growing downside liquidity have kept traders focused on whether SOL could break below the key $80 support level.Solana price remained trapped between $82 and $86 as bearish weekly momentum and declining futures open interest kept traders focused on the $80 support zone.SOL futures open interest dropped from $6.77 billion to roughly $5.45 billion after repeated rejections below the $90 resistance area.Analysts warned that a breakdown below the ascending channel and the psychological $80 level could trigger a deeper correction toward lower liquidity zones.Solana  traded near $84.30 at press time, down roughly 1.3% onTuesday after another rejection below short-term resistance near $87. The token has remained trapped inside a narrow consolidation range between $82 and $86 for most of the past week, while buyers continue struggling to rebuild momentum following the May 12 rally toward $9","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"GSOL":"Grayscale Solana Trust ETF","SOLZ":"Solana ETF","BK7083":"煤与消费用燃料","BSOL":"Bitwise Solana Staking ETF","SSK":"Rex-Osprey SOL + Staking ETF","SOLX":"T-REX 2X Long SOL Daily Target ETF","SOL.AU":"WASHINGTON H. SOUL PATTINSON","SLON":"ProShares Ultra Solana ETF","BK7105":"多领域控股","SOLT":"2x Solana ETF"},"translate_title":"随着看跌交叉的形成，Solana价格会跌破80美元吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GSOL":1.5,"BSOL":1.5,"SOL.AU":1,"SOLT":1.5,"SOLZ":0.9,"SSK":1.5,"SLON":1.5,"SOLX":1.5},"content_text":"Solana price has slipped back toward $84 after a failed rebound near $86, as bearish weekly momentum and growing downside liquidity have kept traders focused on whether SOL could break below the key $80 support level.\n\n\nSummary\n\n\n\nSolana price remained trapped between $82 and $86 as bearish weekly momentum and declining futures open interest kept traders focused on the $80 support zone.\nSOL futures open interest dropped from $6.77 billion to roughly $5.45 billion after repeated rejections below the $90 resistance area.\nAnalysts warned that a breakdown below the ascending channel and the psychological $80 level could trigger a deeper correction toward lower liquidity zones.\n\n\n\nSolana (SOL) traded near $84.30 at press time, down roughly 1.3% onTuesday after another rejection below short-term resistance near $87. The token has remained trapped inside a narrow consolidation range between $82 and $86 for most of the past week, while buyers continue struggling to rebuild momentum following the May 12 rally toward $98.\nThe latest pullback has erased a large portion of SOL’s recovery from earlier this month and pushed the token back toward its lowest levels since January. Market sentiment across the altcoin sector has also weakened as Bitcoin failed to hold recent support zones, reducing speculative demand for higher-beta Layer-1 assets.\nInstitutional investors, however, have continued accumulating exposure during the correction. Data from SoSoValue showed SOL-focused products attracted over $110 million in inflows over the last three weeks, extending one of the strongest accumulation streaks among major altcoins despite the ongoing decline in spot price.\nPart of that interest has been linked to growing speculation around spot Solana ETF products in the United States. As crypto.news reported earlier, Morgan Stanley’s recent registration update involving Solana-related investment exposure added fresh attention to the asset, while several asset managers continue pushing for regulated SOL investment vehicles.\nMeanwhile, derivatives traders have moved in the opposite direction. Futures open interest across Solana markets fell sharply from $6.77 billion on May 12 to roughly $5.45 billion this week, according to CoinGlass data, showing that leveraged participants have continued reducing exposure during the consolidation phase.\nThe decline accelerated after SOL failed to reclaim the $90 resistance zone earlier this month. Traders who entered leveraged long positions during the rebound have since closed positions or reduced exposure as momentum indicators weakened across multiple higher timeframes.\nFunding rates have also flattened across several exchanges during the recent range-bound price action. The decline in speculative positioning has lowered the probability of a major short squeeze in the immediate term, leaving spot demand responsible for defending current support levels.\nOutside crypto markets, macroeconomic conditions have remained unfavorable for speculative assets. Stronger-than-expected U.S. Producer Price Index inflation data reduced expectations for near-term Federal Reserve interest rate cuts and pushed Treasury yields higher during the past week.\nElevated oil prices and renewed geopolitical concerns surrounding global shipping routes have added further pressure to risk sentiment. Crypto traders have remained cautious as investors continue rotating capital toward defensive assets while monitoring inflation and monetary policy developments.\nBitcoin’s inability to sustain momentum above key resistance levels has also weighed heavily on altcoins. Solana, which historically reacts more aggressively during periods of market volatility, has underperformed several large-cap digital assets during the latest pullback.\nDespite the weak short-term price action, Solana’s on-chain ecosystem has continued expanding. The network’s real-world asset ecosystem grew more than 20% over the past month and recently crossed $2.5 billion in total valuation, according to ecosystem tracking data.\nStablecoin activity on the network has also remained active during the correction. The Solana Foundation has continued discussions around stablecoin infrastructure and payment integrations with firms including AirAsia MOVE and Google Cloud, helping sustain institutional interest around the ecosystem even as spot prices weakened.\nDeveloper activity remains another area closely watched by longer-term investors. Anticipation surrounding future network upgrades, including scalability and validator improvements tied to the broader Solana roadmap, has prevented sentiment from deteriorating as aggressively as previous market corrections.\nCan Solana price defend the $80 support level?\nThe weekly timeframe chart shows SOL still trading beneath a bearish Supertrend resistance near $122.34. The indicator has remained red since the correction from late-2025 highs, while the next major bullish reversal trigger remains positioned much higher near the $152 region.\nSolana price, Supertrend, and MACD chart — May 26 | Source: crypto.news\nMomentum indicators on the weekly chart have yet to confirm a sustainable recovery. The MACD histogram recently turned slightly positive near 3.00, suggesting that downside momentum has slowed during the latest consolidation phase.\nEven so, the MACD line remains below the signal line at around -14.68 versus -17.69. Buyers have not yet completed a bullish crossover on the higher timeframe, leaving the broader technical structure tilted toward sellers despite the recent stabilization above support.\nOn the daily chart, SOL has repeatedly failed to reclaim the 100-day simple moving average. Every rebound attempt during the past week stalled near the $86–$87 zone, reinforcing that region as the key short-term resistance area that traders continue monitoring.\nSolana price is trading within a parallel channel on the daily chart — May 26 | Source: crypto.news\nThe current structure also shows SOL consolidating beneath the point of control while remaining trapped inside a parallel channel formation. Price compression beneath declining moving averages has historically preceded volatility expansions in previous Solana trading cycles.\nTrader Umair Orakzai warned that the present setup remains vulnerable to a breakdown if buyers fail to reclaim overhead resistance. “This consolidation above support of POC and channel and under resistance of 100D SMA, is NOT good,” he wrote in a post shared on X.\nOrakzai added that “the chart can puke below $80 sooner than most people realize,” arguing that a confirmed breakdown from the current channel structure could trigger a sharper decline toward lower liquidity zones in the upper-$70 range.\n\n$SOLThis consolidation above support of POC and channel and under resistance of 100D SMA, is NOT good.The chart can puke below $80 sooner than most poeple realize.A breakdown of the channel will result in a good correction for this chart and the tap of the next support area.… https://t.co/SarMenDXfs pic.twitter.com/MWpbnkhRce— Umair Orakzai (@Umairorkz) May 25, 2026\n\nCoinGlass liquidation data supports that cautious outlook. The largest short liquidation clusters are positioned between roughly $87 and $91.30, while significant downside liquidity pockets remain visible near $81 and below the psychological $80 level.\nSolana liquidation heatmap | Source: CoinGlass\nA move above $87 could force short liquidations and briefly accelerate momentum toward the $90–$91 region. Failure to reclaim that zone, however, may leave SOL exposed to another liquidity sweep beneath current support.\nTechnical traders are also monitoring whether SOL forms another lower high beneath the declining moving averages. A confirmed rejection below $87 would strengthen the bearish continuation setup and increase the probability of a move toward the mid-to-upper $70 area.\nVolume structure remains another concern for bulls. Trading activity during recent rebound attempts has remained noticeably weaker compared with the heavy sell-side volume recorded during the May decline, suggesting buyers still lack conviction near current levels.\nWhat could invalidate the bearish Solana outlook?\nA sustained recovery above the 100-day SMA and a breakout beyond the $90 resistance level would weaken the current bearish structure considerably. Such a move could expose the next resistance region near $96, which previously acted as a major rejection zone earlier this month.\nAdditional institutional inflows tied to ETF-related developments could also improve market sentiment. Any positive regulatory update involving spot Solana ETF applications in the United States may attract renewed speculative demand across the broader Solana ecosystem.\nContinued growth in Solana’s real-world asset and stablecoin sectors could provide another support layer for longer-term investors. Enterprise partnerships and payment infrastructure development remain important themes supporting the network’s adoption narrative despite ongoing price weakness.\nMacroeconomic conditions could also shift in favor of crypto markets later this year. Softer inflation data, weaker labor market conditions, or signs of slowing economic growth may revive expectations for Federal Reserve easing and improve liquidity conditions for speculative assets.\nThe bearish scenario, however, would strengthen if Bitcoin extends its decline and drags altcoins lower alongside it. Persistent inflation pressure, elevated oil prices, or renewed geopolitical tensions could reduce appetite for risk assets and pressure leveraged crypto positions further.\nMeanwhile, analysts expect Solana price to see another corrective bounce if the token drops toward the lower boundary of the ascending channel near the $80 support zone, where an Elliott Wave setup on the daily chart suggests buyers could attempt another rebound. \n\n\n\nFor now, SOL remains caught between weakening higher-timeframe technical indicators and relatively strong ecosystem fundamentals. Institutional accumulation, enterprise integration efforts, and expanding on-chain activity continue supporting the long-term narrative, while fading leverage, bearish chart structures, and fragile macro sentiment keep traders focused on the risk of a breakdown below $80 in the short term.\n\n\n  \n\n            Disclosure: This article does not represent investment advice. 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