Solana price slips back into old range as 78 support comes
The post Solana price slips back into old range as 78 support comes appeared on BitcoinEthereumNews.com.
Solana price has turned corrective after losing key support near $88, pushing price back into its previous trading range. The shift in market structure now places $78 support at risk as downside pressure builds. Summary Loss of $88 support flips level into resistance Price re-enters established trading range structure $78 value area low becomes next key downside support Solana’s (SOL) recent price action signals a transition away from bullish continuation and back into range-bound conditions. After failing to hold above a major technical level, the market has begun rotating lower, reflecting weakening momentum and growing seller control. The loss of a key support zone has altered short-term structure, increasing the probability that Solana revisits lower range support before any sustained recovery can develop. Solana price key technical points Lost Support: $88 level flips into resistance alongside the value area high. Structural Shift: Price has re-entered its previous trading range. Downside Target: $78 aligns with the value area low and high timeframe support. SOLUSDT (4H) Chart, Source: TradingView Solana recently lost the important $88 level, which previously acted as a structural support zone. This area also aligned with the value area high, making it a strong technical confluence region. When price loses a value area boundary, it often signals rejection rather than continuation, forcing markets back toward equilibrium within the established range. The failure to hold above this level confirms that buyers were unable to maintain control following the prior recovery attempt. With the loss of $88 support, Solana has effectively reverted into its previous trading range. Range environments typically trap price action between clearly defined highs and lows, creating rotational market behavior rather than trending movement. In this case, the range low and major support zone sits near $78, which coincides with the value area low and high timeframe demand. This comes as…
Filed under: News - @ February 26, 2026 8:29 pm