•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Solana (SOL) has started a fresh decline below $88 and $87 against the US dollar, with the price currently trading near $86 and the 100-hourly simple moving average. An hourly chart shows a bullish trend line forming with support around $85.50, but the strength of the move appears to be fading.
SOL failed to hold above $90 and moved into a renewed downtrend, unlike Bitcoin and Ethereum. The selloff pushed the price below $88 and $87, with bears driving it toward $85. A low formed at $85.55, and the market is now consolidating losses below the 23.6% Fibonacci retracement level of the move from the $89.34 swing high to the $85.55 low.
The price could begin a recovery wave if bulls defend the $85.50 or $85 support area. On the upside, immediate resistance sits near $87. A higher resistance level is around $87.80, which also aligns with the 61.8% Fibonacci retracement of the decline from $89.34 to $85.55. The main resistance is near $88.80.
A successful close above the $88.80 resistance zone could support another steady increase, with the next key resistance at $90. If gains extend further, the price could move toward the $92 level.
If SOL does not rise above the $87.80 resistance level, it could continue moving lower. Initial support is near $85.50, followed by $84. A break below $84 could push the price toward the $82 support zone. If there is a close below $82, the article notes that SOL could decline toward the $80 support in the near term.
Source: SOLUSD on TradingView.com
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
