The post SOL Technical Analysis Feb 22 appeared on BitcoinEthereumNews.com.

SOL is being crushed under the pressure of the downward trend while testing the critical support line at 85.40$; however, are the emerging bullish signals in MACD opening the door to a possible recovery? Market Outlook and Current Situation Solana (SOL), as of February 22, 2026, is trading at 85.40$ and showing a slight decline of -0.12% in the last 24 hours. The daily range is stuck between 84.73$ – 86.72$, with trading volume at a relatively healthy level of 1.84 billion$. The overall market trend continues downward; SOL remains below EMA20 (89.75$) and is giving short-term bearish signals. This situation can be seen as a reflection of the uncertainty in the broader crypto ecosystem, as Bitcoin’s similar downtrend is putting extra pressure on altcoins. Market-wide volume stability is currently limiting the risk of a sudden collapse, but examining SOL’s performance in recent weeks, 13 strong level confluences stand out on the 1D timeframe: 2 supports and 4 resistances on 1D, 2S/1R on 3D, and 2S/4R on 1W. This multi-timeframe alignment shows that the price is not moving randomly but is in structural consolidation. While SOL’s ecosystem news is quiet, reviewing SOL spot analyses reveals that liquidity flows remain weak. Investors are questioning whether this silence is a sign of the calm before the storm. From a long-term perspective, the correction SOL experienced after its 2025 rally signals a decrease in overall sector risk appetite. The 1.84 billion$ volume level confirms limited speculative buying, and a drop below 84$ could trigger a deeper pullback. Market participants are watching SOL’s direction alongside the Fed’s interest rate decisions and macro data; as the delay in altcoin season negatively impacts high-beta assets like SOL. Technical Analysis: Key Levels to Watch Support Zones SOL’s most critical support zone is positioned at 84.8860$, standing out…

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Filed under: News - @ February 22, 2026 11:21 am