Saad Ullah
⬤ Solana (SOL) slid into the mid-double-digit range, hitting around $67 after weeks of relentless selling. The move landed squarely inside the previously defined accumulation zone of $50–$70. The prediction pointed to a corrective phase rather than a full structural breakdown — and price reacted almost exactly where expected.
⬤ That drop placed Solana at a technical support region where sentiment typically starts shifting from panic toward accumulation. According to the analysis, if SOL slides further, the $50 level becomes the next ideal entry area — a classic setup where fear-driven selling exhausts itself before stabilization kicks in. Earlier breakdowns were covered in Solana Drops Below $100 Support After Head & Shoulders Pattern Completion and SOL Price Analysis: Solana Trades in $124–$145 Range at Midpoint, where support reactions shaped short-term direction in a similar way.
⬤ The long-term outlook, however, hasn't changed. CryptoPatel kept the stated target at $500–$1,000, framing this decline as a sentiment reset rather than a trend reversal. That view lines up with broader calls covered in Solana Price Forecast Eyes $600 Target in New Bullish Projection, where historically, the deepest pullbacks set the stage for the biggest rallies.
⬤ What this moment really underscores is how predefined zones shape trader behavior when volatility spikes. Solana landing inside the forecasted range almost to the dollar is a reminder that sentiment cycles — fear giving way to confidence — remain one of the more reliable forces driving crypto price action.
Saad Ullah
