Solana Price Tests Crucial $60-$65 Support Zone After Sharp Market Pullback

Summary

Solana has returned to a key technical support zone after a broad crypto sell-off pushed major altcoins lower. SOL is trading near the lower end of its recent range, with traders focused on the $60–$65 area as the main line between consolidation and a deeper breakdown. A rejection from $76–$78 left SOL between overhead resistance in the mid-$70s and support near $60. The $60 level matters because a clean break below it could trigger stop-loss selling and invite further downside, especially if Bitcoin and Ethereum remain weak. If buyers defend $60–$65 and form a higher low, Solana could stabilize and later retest $70–$78. For now, the burden is on bulls to prove the decline has attracted real demand rather than paused selling. Wider crypto market conditions remain a major driver of the next move.