{"id":23728,"date":"2026-05-26T06:00:23","date_gmt":"2026-05-26T06:00:23","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/solana-sol-trims-recent-gains-market-sentiment-turns-fragile-again\/"},"modified":"2026-05-26T06:00:23","modified_gmt":"2026-05-26T06:00:23","slug":"solana-sol-trims-recent-gains-market-sentiment-turns-fragile-again","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/solana-sol-trims-recent-gains-market-sentiment-turns-fragile-again\/","title":{"rendered":"Solana (SOL) Trims Recent Gains, Market Sentiment Turns Fragile Again"},"content":{"rendered":"<p><em>Solana failed to stay above $86 and corrected some gains. SOL price is now consolidating and might aim for another increase if it stays above $82.50.<\/em><\/p>\n<ul>\n<li>SOL price started a downside correction below $85 against the US Dollar.<\/li>\n<li>The price is now trading below $85 and the 100-hourly simple moving average.<\/li>\n<li>There is a declining channel forming with support at $82.50 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The pair could extend losses if it dips below the $82.50 zone.<\/li>\n<\/ul>\n<h2>Solana Price Dips Again<\/h2>\n<p>Solana price failed to stay above $86 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $85 and $84 to enter a short-term bearish zone.<\/p>\n<p>There was a move below the 50% Fib retracement level of the upward wave from the $81.37 swing low to the $87.39 high. The price even tested the $83.65 support. Besides, there is a declining channel forming with support at $82.50 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-897651\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Solana_5d35bd.png?resize=1024%2C512\" alt=\"Solana Price\" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $85.50 level. The next major resistance is near the $86 level. The main resistance could be $87.40. A successful close above the $87.40 resistance zone could set the pace for another steady increase. The next key resistance is $92. Any more gains might send the price toward the $95 level.<\/p>\n<h2>Downside Break In SOL?<\/h2>\n<p>If SOL fails to rise above the $86 resistance, it could start another decline. Initial support on the downside is near the $83.50 zone and the 61.8% Fib retracement level of the upward wave from the $81.37 swing low to the $87.39 high. The first major support is near the $82.50 level.<\/p>\n<p>A break below the $82.50 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $75 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $83.50 and $82.50.<\/p>\n<p>Major Resistance Levels \u2013 $85.50 and $87.40.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana failed to stay above $86 and corrected some gains. SOL price is now consolidating and might aim for another increase if it stays above $82.50. SOL price started a downside correction below $85 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a declining&hellip;<\/p>\n","protected":false},"author":1,"featured_media":23729,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144],"tags":[169,170,218,219,184,145],"class_list":["post-23728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-sol","tag-solana","tag-solbtc","tag-solusd","tag-solusdt","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/23728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=23728"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/23728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/23729"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=23728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=23728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=23728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}