Solana coin got rejected hard after touching 98 and is now hovering around 87.5. The higher timeframe trend still looks bearish, and this small bounce could simply be another setup for shorts rather than a real recovery.
Resistance sits around 90–92, while key support remains near 84.8 and 83. If that zone breaks, SOL could quickly slide toward 78 due to heavy leverage still trapped in the market. Open interest has exploded recently, and liquidation pressure is far from over.
For shorts, waiting near resistance may be smarter than chasing price here. For longs, confirmation above support is still needed before getting confident.
Just my personal market view, not financial advice.
