Eseandre Mordi
⬤ SOL has been sliding lower in a step-down pattern and is now sitting right on top of a major support area. Price is holding around the $90 to $95 zone—a region where buyers stepped in before. The selling pressure that dominated earlier seems to be easing as the market catches its breath after the drop.
⬤ Recent candles show the downside momentum is losing steam. Instead of another sharp leg down, price action is tightening up near support, which suggests the selling wave might be running out of energy. This demand zone isn't random—it's where buyers showed up previously, and now the market is testing whether they'll defend it again.
⬤ Right now, SOL is trying to build a floor in this area. As one trader put it: "If the support holds, a relief move toward prior structure becomes possible." That stabilization phase could mark the shift from freefall to recovery mode—at least in the short term.
⬤ This is a make-or-break moment for Solana. Holding the $90–$95 demand zone opens the door for a rebound back toward earlier resistance levels. But if support cracks, the downtrend stays alive and sellers stay in control.
Eseandre Mordi
