$SOL at $90: Bounce Setup or Risk of More Downside? Solana is approaching a level where the next move could tell us a lot about market direction. Trading around $90, SOL is attempting to stabilize after a sharp decline, but buyers still have something important to prove. The interesting part is that the market is showing early signs of being oversold, yet the broader trend remains bearish. This creates a situation where a short-term recovery is possible, but calling a trend reversal too early could be risky. The first support zone sits around $89–$88. If buyers defend this area, SOL could attempt a recovery toward $91.30, followed by $93.50 and $96.25. However, a daily close below $88 would weaken the recovery setup and bring $86.90 and $83.35 into focus. For bulls, reclaiming $91.30 is the first step. A stronger move above $93.50 would provide better evidence that buying pressure is returning. My view: I would avoid chasing a bounce before confirmation. The $89 support area and $91.30 resistance are the two levels worth watching closely. What matters next is not how oversold SOL looks, but whether buyers can actually defend support. Do you think SOL can reclaim $93.50, or will sellers push it toward $83 first?