Saad Ullah
Solana has been under pressure lately, but Friday's session offered a small reason for optimism. SOL dipped into a well-defined technical support area, bounced, and did exactly what the near-term roadmap suggested it should. Whether that bounce holds is another question entirely, but for now the structure is still intact and traders are watching a narrow price band very closely.
SOL Follows Its Roadmap Into Micro-Support
Solana played out its projected roadmap cleanly on Friday, sliding into a key support band before bouncing back higher. The critical micro-support zone sits between $80.70 and $82.80, and price action delivered a "nice dip" into that region followed by a constructive recovery. That said, it's still too early to call it a sustainable upward reversal.
On the 10-minute Binance chart, SOL stabilized after pushing into the broader demand area in the low-$80s. Three Fibonacci retracement levels reinforce the zone's technical weight: the 38.2% level near $82.82, the 50% level around $82.21, and the 61.8% level close to $81.59, with deeper retracement levels extending toward the high-$70s. Price clawed back into the mid-$80s after the dip, though the structure still looks more like a corrective rebound than a confirmed trend shift. For broader context, SOL Trades in $76-$90 Range as Breakout Toward $100 Draws Closer outlines where this episode fits within the bigger picture.
Resistance Overhead and What Needs to Hold
Overhead resistance bands cluster in the upper-$80s and low-$90s, and those levels could cap any rally if momentum fades. The weekend setup keeps the micro-support zone front and center: $80.70-$82.80 needs to hold to keep the near-term roadmap intact. Previous technical episodes show just how sensitive this range has been. Solana Hits $81 After 100% Extension Target tracks the prior move that brought price into this area, while Solana Drops Below $80 After Head and Shoulders Pattern Breakdown covers what happened last time the support zone gave way.
SOL is parked at a clearly defined decision point. Holding this micro-support can stabilize price action and set up a higher low, while a breakdown would push the structure back toward the deeper retracement zones visible on the chart. The reaction here carries weight beyond just SOL, since Solana's near-term direction tends to ripple through high-beta crypto trades whenever it either confirms support or slips below it.
Saad Ullah
