Solana price outlook remains bearish as SOL trades near the lower end of its weekly range. Solana traded at $81.67 at press time, down 3.7% in the past 24 hours, and over the last seven days SOL has ranged between $76.81 and $90.59. Solana is down 38% over the past 30 days and 50% over the past year.
In derivatives markets, activity remains elevated. CoinGlass data shows futures volume up 6% to $8.01 billion, while open interest rose 3% to $5.24 billion. Funding rates have flipped negative, signaling growing short exposure. The token is down 67% from its $249 high on Sept. 18, 2025, and funding rates, however, have flipped deeply negative.
Shorts are paying longs. These factors have weighed on the technical outlook for SOL, with a possible retest of the $50 to $60 range if sellers stay in control. The daily chart shows a clear bearish structure, with lower highs and lower lows formed for weeks. SOL trades below the 50-day and 200-day moving averages, and the 50-day sits under the 200-day in a death cross alignment.
The recent bounce failed near the $90–$100 supply zone, which now acts as strong resistance. Dynamic resistance sits around $88–$95, where short-term moving averages cluster. Momentum is weak.
The daily RSI is near 33, hovering just above oversold territory. Price has been riding the lower Bollinger Band. Key support sits at $80–$82, followed by the psychological $75 level. Below that, the next demand zone appears near $70–$72. A deeper slide could expose the $60 region, which aligns with prior macro structure.
On the upside, resistance stands at $88–$90, then $100. A recovery above $100 on strong volume would weaken the bearish case. RSI would need to push above 50, funding would need to stabilize, and price would need to form a higher low above $80.
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