Solana Price Analysis Signals Bearish Bias Near $83

Solana declines 1.46% over 24 hours, testing key support near $83 with downside risk if bulls fail to regain momentum.

2026-02-10

The rate of Solana (SOL) has declined by 1.46% over the last 24 hours. On the hourly chart, the price of SOL is looking bearish as the rate has not bounced back far from the support at $83.69. If bulls cannot seize the initiative, one can expect a level breakout, followed by an ongoing decline to the $83 mark. On the longer time frame, the rate of SOL is also going down after a failed attempt to fix above the $90 area.

SOL is trading at $83.82 at press time. From the midterm point of view, there are no reversal signals yet. The rate of SOL is in the middle of the channel, which means traders are unlikely to see increased volatility soon.