Solana Price Tightens as Bears Target $77 Breakdown
Tech Solana Price Tightens as Bears Target $77 Breakdown Solana is navigating a tense short-term phase as price action tightens around key levels. Recent chart developments suggest a clash between bearish breakdown signals and emerging buyer support. While momentum briefly weakened after rejection near resistance, dip buyers have started to reappear. Consequently, traders now watch whether Solana stabilizes or extends losses toward lower targets. Bearish Pressure Builds Below Resistance Ali Martinez highlights a breakdown from a symmetrical triangle on the one-hour chart. This move followed a rejection near the $87–$88 resistance zone. As a result, short-term momentum shifted in favor of sellers. Price slipped below rising support near $85 and tested the $83 region. Moreover, this breakdown aligns with a measured move pointing toward $77. That level now stands as a key downside target. Immediate support rests at $83, which continues to act as a fragile floor. If that level fails, selling pressure could accelerate quickly. However, a recovery above $85 would weaken the bearish structure. Liquidity Zones Suggest One More Drop CW8900 presents a slightly different perspective while maintaining a cautious outlook. The analyst notes a lower-high structure followed by a sharp rejection near $87.5–$88. In addition, liquidity clusters above $89 indicate strong sell-side interest. Price currently consolidates between