Solana price has remained stuck in a narrow band between $83.80 and $86.28, showing little momentum in either direction.

Over the past seven days, SOL has fluctuated within a broader range of $81.92 to $87.68, reinforcing a market that is still struggling to establish a clear trend.

Despite short bursts of recovery, the structure of the market continues to show pressure on the downside.

The recent move back above $86 could not be sustained, and each attempt to push higher has been met with selling near short-term resistance levels.

At press time, the cryptocurrency was trading at around $85.4, down 0.5% over the past 24 hours.

The clearest signal in Solana’s current setup comes from moving averages.

The coin is trading below all major exponential moving averages (EMAs), including the 10-day, 20-day, 50-day, 100-day, and 200-day EMAs.

This alignment places every key trend indicator above the current price, effectively turning them into resistance levels rather than support.

Trading below the 200-day EMA is often viewed as a sign of a broader bearish phase in market structure.

In Solana’s case, the price has struggled to reclaim this level, which reinforces the idea that longer-term momentum remains tilted to the downside.

The 14-day RSI stands at 45.59, placing it in neutral territory.

This suggests that short-term market momentum is balanced, with neither buyers nor sellers fully in control.

However, the weekly RSI tells a different story. At 38.64, it sits in oversold territory, reflecting sustained pressure over a longer timeframe.

This divergence between daily and weekly momentum highlights the lack of strong recovery strength despite recent stabilisation attempts.

At the current structure, Solana is trading near a key pivot zone around $85.26.

This level has become important in the short-term chart as it sits between repeated rejection zones above and accumulation attempts below.

Immediate resistance is located at $86.61.

This level has been identified as a key breakout threshold.

Solana’s price has repeatedly struggled to close above it, and without a sustained move beyond this point, upward continuation remains limited.

If Solana manages to close above $86.61, the next resistance zone is located at $88.43.

This area aligns with prior rejection points and is likely to act as the next test for any recovery attempt.

On the downside, failure to hold $85.26 exposes the next support at $83.34, which aligns closely with recent lows and sits within the broader 24-hour range low of $83.80.

A break below this zone would place the market back into deeper consolidation territory, with the $82 area becoming the next major reference point based on recent trading structure.

The post Solana price stuck in tight range as bearish pressure persists appeared first on Invezz

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