Solana Tests $80–$86 Support as Weak Momentum Pressures Short-Term Outlook

Solana (SOL) slipped to a pivotal technical zone on Saturday ET, with traders increasingly focused on whether the token can hold the mid-$80s and, more importantly, the broader $80–$86 support band that has historically acted as a demand area during broader market pullbacks.

As of May 17 ET, SOL was changing hands around $85.94, down 3.48% over the past 24 hours and marking its weakest levels since early May. The decline comes amid a wider crypto market cooling phase that has pressured large-cap altcoins and tightened short-term risk appetite.

Market data showed Solana’s 24-hour trading…  Read more

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