SOLUSD is showing a clearly weaker structure on the H4 timeframe after failing to hold the 86–88 zone. Previously, Solana had a strong rally toward 97–98, but buyers could not maintain momentum, causing price to sell off and form a sequence of lower highs.
What stands out most to me is that price has now fallen below both EMAs, while the short-term EMA is also starting to slope downward again. The 85.00–86.30 area is no longer acting as support and has now turned into nearby supply. As long as price remains below this zone, I believe sellers still have the advantage.
From a broader market perspective, Solana still has a positive long-term narrative supported by its ecosystem and institutional interest. However, in the short term, price remains highly exposed to overall crypto sentiment. When Bitcoin has not regained clear momentum, altcoins like SOL usually become more vulnerable during corrective phases.
What stands out most to me is that price has now fallen below both EMAs, while the short-term EMA is also starting to slope downward again. The 85.00–86.30 area is no longer acting as support and has now turned into nearby supply. As long as price remains below this zone, I believe sellers still have the advantage.
From a broader market perspective, Solana still has a positive long-term narrative supported by its ecosystem and institutional interest. However, in the short term, price remains highly exposed to overall crypto sentiment. When Bitcoin has not regained clear momentum, altcoins like SOL usually become more vulnerable during corrective phases.
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