{"id":27328,"date":"2026-05-01T18:58:07","date_gmt":"2026-05-01T18:58:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-risks-drop-to-75-as-macd-forms-bearish-crossover\/"},"modified":"2026-05-01T18:58:22","modified_gmt":"2026-05-01T18:58:22","slug":"solana-price-risks-drop-to-75-as-macd-forms-bearish-crossover","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-risks-drop-to-75-as-macd-forms-bearish-crossover\/","title":{"rendered":"Solana price risks drop to $75 as MACD forms bearish crossover"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price is showing signs of weakness as the MACD forms a bearish crossover, with price hovering just above a key support zone that could determine the next move.<\/p>\n<div id=\"cn-block-summary-block_a5f072ead42053d8d48b88dab558ab29\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price trades near $84.5 as MACD forms a bearish crossover, signaling weakening short-term momentum.<\/li>\n<li>Key support lies at $78\u2013$75, with repeated tests raising the risk of a breakdown toward the $75 level.<\/li>\n<li>Declining ETF inflows, falling DEX volume, and exchange inflows point to weakening demand and rising sell pressure.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Solana (SOL) price was trading around $84.51 at press time on May 1, up roughly 1.7% over the past 24 hours. Over the past week, the token has moved within a relatively tight range between $79 and $92, reflecting a period of consolidation after a sharp decline earlier this year.<\/p>\n<p>The asset remains under heavy pressure on higher timeframes, still down significantly from levels above $170 seen in late 2025. Price action has flattened in recent weeks, with lower volatility and limited directional follow-through.<\/p>\n<p>When consolidation forms near key support after a downtrend, it often signals a continuation move if buyers fail to regain control.<\/p>\n<p>Market structure suggests that buying pressure is gradually weakening. Institutional demand, which previously helped stabilize Solana, has started to fade. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-sol-spot\" target=\"_blank\" rel=\"nofollow\">Data<\/a> from SoSoValue shows monthly inflows into Solana-linked investment products have declined for six consecutive months, falling to around $38.69 million in April 2026, their lowest level since their launch.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>On-chain data also shows persistent net inflows into exchanges throughout April, indicating that larger holders may be positioning to sell rather than accumulate.<\/p>\n<p>At the same time, network activity has cooled. Total decentralized exchange volume on Solana has dropped sharply, falling more than 60% from $118 billion in early February to around $44 billion. Network fee generation has also declined by roughly 21%, reducing organic demand for SOL as gas.<\/p>\n<p>Liquidity is also rotating elsewhere. Speculative capital that once flowed into Solana-based memecoins is increasingly shifting toward newer narratives such as AI-focused tokens on competing chains.<\/p>\n<h2 class=\"wp-block-heading\">Solana price analysis<\/h2>\n<p>The daily chart shows Solana holding above a key horizontal support zone near $75, which aligns closely with a major Fibonacci level at $78.03.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Solana price, Supertrend, and MACD chart \u2014 May 1 | Source: crypto.news<\/figcaption><\/figure>\n<p>Solana price has repeatedly tested this region over the past several weeks, forming a base. However, rebounds have remained shallow, with resistance capping upside near $86, a level that coincides with the 20-day exponential moving average.<\/p>\n<p>Momentum indicators are now turning negative. The MACD has formed a bearish crossover on the daily timeframe, with the histogram slipping back into negative territory. This suggests that short-term upward momentum is fading.<\/p>\n<p>In addition, price remains below key trend indicators, with the Supertrend line positioned above current levels near $92, reinforcing the broader bearish bias.<\/p>\n<p>A breakdown below the $78 support zone could trigger a sharper move lower, with $75 emerging as the next key downside level.<\/p>\n<p>On the other hand, a sustained move above $86 would be needed to ease immediate pressure and shift momentum, though current indicators suggest that sellers still have the upper hand in the short term.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana price is showing signs of weakness as the MACD forms a bearish crossover, with price hovering just above a key support zone that could determine the next move. Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=27328"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27328\/revisions"}],"predecessor-version":[{"id":27329,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27328\/revisions\/27329"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/150"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=27328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=27328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=27328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}