Solana Trades Near $85 After Failed Recovery Attempts

Solana (SOL) closed at $85.48, down 1.11% from the day before, after trading above $87 before sellers turned back the advance.

Recovery attempts failed around $86, while $87 was resistance. The two levels mark separate points in the short-term view.

A two-week view shows a long consolidation after a recovery that began in 2023. Monthly support is $32.89, another support level is near $9.85, and major resistance is near $297.28.

TokenPost previously examined support levels for Solana, XRP and Cardano.