Solana price approaches $90 resistance with Fibonacci and value area confluence. Failure to reclaim this level could trigger a rotation toward $70 support.
Summary
- Key Resistance: Solana testing $90 range-high with 0.618 Fibonacci confluence.
- Bull Trap Risk: Rejection could trigger liquidity sweep below $81.
- Downside Target: Range rotation may extend toward $70 value area low and $67 swing support.
Solana (SOL) price is approaching a critical technical inflection point as price rallies toward the $90 resistance level, an area where multiple technical indicators converge. After recovering from recent lows, the asset is now testing the upper boundary of its trading range, raising questions about whether the rally can continue or if another rejection will …
