NewsBTC •
May 26, 2026 at 06:00 •
Analysis
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 channel forming with support at $82.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $82.50 zone. Solana Price Dips Again 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. There was a move below the 50% Fib retracement level of the upward wave from the $81.37 swing low ...
