Solana Price Faces $60–$40 Accumulation Test
- Solana Price faces a deep correction, while $60–$40 remains the proposed accumulation zone before any larger recovery attempt develops.
- A $60–$40 support test could shape Solana's next phase, while leveraged longs remain exposed to further liquidation pressure ahead.
- $250, $500 and $1,000 remain distant targets, requiring SOL to reclaim major resistance and establish stronger long-term momentum.
Solana price action remains under pressure, with the $60–$40 zone drawing attention now. A broader recovery would still require stronger structure and confirmation above major resistance levels.
The $60–$40 Zone Remains the Main Technical Focus
SOL setup as of writing, centers on a prolonged correction, with price near $75.44. The broader chart remains below major historical resistance after falling from its $294.78 peak. Meanwhile, derivatives data shows substantial long exposure despite months of declining prices.
The weekly chart places SOL inside a broad retracement from its previous cycle high. Price has already declined about 79.67% from the marked upper reference. The proposed $60–$40 region therefore sits beneath the current market.
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