Solana in danger of falling 9.5%? 3 Reasons Why the Bottom SOL is Still Far Away!

Jakarta, Pintu News – The crypto market is facing another major uncertainty after Solana’s (SOL) price performance showed worrying signs of weakening for its holders.

You may notice that despite recovery efforts, the cryptocurrency is still stuck in a strong downward trend amid global market fluctuations. Analysts are now warning that the bottom of this digital asset may not have been reached yet, so the risk of further decline still haunts investors.

Solana’s Bearish Signal Leads to a 9.5 Percent Drop

The price of Solana (SOL) is currently under significant selling pressure and is predicted to experience an additional correction of up to 9.5 percent in the near future. You can see from the technical analysis that the cryptocurrency asset’s failure to break through the strong resistance zone has triggered mass profit-taking from traders. This decline is expected to take the SOL price towards the critical support level of IDR2,204,599 ($131) if the negative momentum continues in the crypto market.

Current market conditions suggest that buying interest is not strong enough to match the volume of distribution by large investors. You need to watch out for chart patterns that form lower highs, a technical indicator that usually signals the continuation of an ongoing downtrend. The risk-averse sentiment of the cryptocurrency market also makes it harder for Solana to make a significant reversal in the coming days.

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Market structure shows SOL bottom is still far away

Many experts argue that the current phase of the Solana correction (SOL) shows no signs of a permanent end to the selling pressure. You have to understand that the trading volume indicator suggests exhaustion on the buyer’s side, which makes the price highly vulnerable to even minor shocks. If you look at the on-chain metrics, you can see that the network activity has not been able to provide a strong enough fundamental boost to sustain the crypto’s price from falling further.

Uncertainty about the direction of the cryptocurrency market as a whole has contributed negatively to the confidence of short-term speculators on the Solana network. It is recommended that you look at the lower support levels as potential targets if the price breaks the current lower boundary consistently. Analysis of capital inflows shows that institutional investors are still conservative, which reinforces the theory that the bottom is still at lower levels.

Recovery Opportunities Amid Cryptocurrency Volatility

Although the short-term outlook looks quite bleak, the chances of a recovery remain open if Solana (SOL) is able to hold above its key psychological levels. You can monitor the price movement around the demand area as this is usually where organized buying starts to emerge to push the price back up. Successfully defending the current support level will be an important signal for the return of market confidence in this cryptocurrency asset known for its transaction speed.

Long-term investors usually utilize periods of price drops like this to re-evaluate their crypto investment portfolio. You should remain calm and employ disciplined risk management strategies to avoid getting caught up in the often temporary market panic. Keep yourself informed by following the Solana ecosystem and global cryptocurrency trends to make wiser and more measured investment decisions in the future.

Also Read: MicroStrategy Ready to Overtake Bitcoin? Check out the Shocking Predictions for the End of February!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

• Suzuki Shillsalot/AMBCrypto. Will Solana fall another 9.5%? Why SOL’s bottom looks far away. Accessed February 24, 2026.