- SOL has broken below its third downside target, bringing the marked 82–86 regions into focus for traders.
- Parabolic SAR remains bearish as lower highs and failed rebounds continue to define Solana’s daily price structure.
- RSI weakness and negative MACD positioning favour caution, although neither indicator confirms an immediate move toward lower support.
Solana downside target levels are attracting attention after another support breakdown. The daily structure remains weak, with sellers controlling recent price movements and recovery attempts.
SOL Breakdown Places the Fourth Target in Focus
The chart shows SOL retreating after reaching approximately $120 during September. That advance followed an earlier climb from the 70–75 region. However, October brought a reversal that changed the prevailing direction.
Successive lower highs now define the descending price structure. Each rebound has struggled to reclaim previously lost resistance. Consequently, buyers have failed to establish a convincing recovery pattern.
The displayed candle data places SOL near $89.41. Price has moved beneath the lower marked support region. The orange target zone sits approximately between $82 and $86.
Technical Indicators Continue to Favour Sellers
The Parabolic SAR dots have shifted above the daily candles. This positioning reflects the indicator’s current bearish trend reading. Earlier, green dots appeared beneath price during September’s advance.
The yellow moving average has also lost its upward direction. It previously supported the rally before flattening as momentum weakened. Price has since slipped beneath it, leaving another recovery hurdle.
Meanwhile, the longer cyan moving average remains near $108. Its distance from current levels reflects the depth of the correction. A recovery toward that line would require substantial buying strength.
The RSI reading also points to weak market momentum. But when the market is oversold, it does not mean that prices will immediately rebound. When momentum indicators are down, downtrends can go on.
Support Levels Define the Next Trading Phase
The orange region between $82 and $86 represents the next downside reference. A move into this zone would extend September’s subsequent decline. However, the support break alone cannot confirm that outcome.
The immediate recovery test begins around the low-$90 region. SOL would need to reclaim this area to improve short-term conditions. Such a move could provide relief after the latest decline.
Beyond that, the 99–101 zone presents another resistance barrier. The higher green region around 108–110 remains overhead. These levels could challenge buyers during any sustained recovery.
The MACD remains below zero, with both lines in negative territory. Its near-flat histogram suggests bearish momentum may be easing. Still, this does not establish a confirmed bullish reversal.
For now, the daily structure continues to favour the sellers. Breaking below target three has placed target four under scrutiny. Yet the 82–86 zone remains a possible destination, not certainty. Traders will watch whether support holds or selling pressure continues.
