{"id":34763,"date":"2026-07-17T13:08:06","date_gmt":"2026-07-17T13:08:06","guid":{"rendered":"https:\/\/bitunikey.com\/news\/will-solana-price-rebound-to-80-as-sol-tests-key-support\/"},"modified":"2026-07-17T13:08:21","modified_gmt":"2026-07-17T13:08:21","slug":"will-solana-price-rebound-to-80-as-sol-tests-key-support","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/will-solana-price-rebound-to-80-as-sol-tests-key-support\/","title":{"rendered":"Will Solana price rebound to $80 as SOL tests key support?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price has fallen nearly 4% to about $74 after a rejection near $77, as a global technology sell-off and leveraged long liquidations have pushed traders toward caution.<\/p>\n<div id=\"cn-block-summary-block_8af0d27dc58543c9f94a1b2cace5cbc0\" 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 tests $74 support after losing its rising trendline and facing weak four-hour momentum.<\/li>\n<li>A recovery above $76.50 could trigger short liquidations and drive SOL toward $78\u2013$80.<\/li>\n<li>Losing $74 would expose the daily Supertrend support at $69.60 and deepen downside risks.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Solana (SOL) price extended its decline on July 17 after failing to hold above the $76.50\u2013$77 resistance area. Selling accelerated as semiconductor shares led losses across global markets, with Nasdaq 100 futures down 1.8%, Japan\u2019s Nikkei 225 off 4%, and Taiwan\u2019s benchmark plunging more than 6%.<\/p>\n<p>The drop can partly be attributed to the rout due to doubts over stretched artificial intelligence valuations and leveraged retail positions.<\/p>\n<p>Strong U.S. data added pressure on speculative assets. Initial unemployment claims fell to 208,000 from 216,000, while June retail sales rose 0.2%. The 10-year Treasury yield climbed toward 4.60%, and the dollar strengthened, raising the cost of holding high-beta assets such as Solana.<\/p>\n<p>Institutional demand has provided only limited relief. U.S. spot Solana exchange-traded funds attracted $8.36 million on July 6, their strongest daily intake in almost two months, per <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-sol-spot\" target=\"_blank\" rel=\"nofollow\">data<\/a> from SoSoValue. However, the inflow was not enough to prevent SOL from retreating from its early-July high near $83.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Solana price can rebound if bulls reclaim $76.50<\/h2>\n<p>On the 4-hour chart, SOL trades near $74.87 and has reached the lower Bollinger Band at $74.33. The middle band at $76.51 now serves as immediate resistance, while the upper band sits at $78.69. A 4-hour close above the midpoint would give buyers another chance to test the $78\u2013$80 region.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Solana price 4-hour chart \u2014 July 17 | Source: crypto.news<\/figcaption><\/figure>\n<p>Momentum remains weak but is approaching levels where relief rallies can develop. The 4-hour relative strength index has dropped to 36.58, below its signal average of 45.48 but still above the oversold threshold of 30. Price has also formed a sequence of lower highs since its July 4 peak near $83.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/SatoshiOwl\/status\/2078083409918763122\" target=\"_blank\" rel=\"nofollow\">According<\/a> to crypto analyst SatoshiOwl, SOL has reached a support area after breaking beneath an ascending trendline.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cHold here and we could see a relief bounce back toward $78\u2013$80. Lose it, and a deeper flush becomes much more likely.\u201d<\/p>\n<\/blockquote>\n<p>Ali Charts offered a longer-term counterpoint, noting that the TD Sequential indicator has produced a buy setup on Solana\u2019s monthly chart. The analyst described it as a potential early warning of a macro trend change, although the monthly setup requires confirmation from shorter time frames.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SOLANA: BUY SIGNAL<\/p>\n<p>The TD Sequential has just flashed a buy signal on the <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SOL<\/a> monthly chart, anticipating a macro trend shift or even the end of the bear market. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/FemtlavPcT\">https:\/\/t.co\/FemtlavPcT<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/AA8MRE5jSz\">pic.twitter.com\/AA8MRE5jSz<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/alicharts\/status\/2077997224496115728?ref_src=twsrc%5Etfw\">July 17, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The daily chart remains constructive above the Supertrend support at $69.62. Chaikin Money Flow stands at 0.03, which shows that capital flow is still marginally positive despite the latest sell-off. SOL must first recover the former horizontal support at $76.64 before the daily structure can improve.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"954\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/07\/1784293686_654_Will-Solana-price-rebound-to-80-as-SOL-tests-key.webp.webp\" alt=\"Solana daily chart shows SOL holding above $69.62 Supertrend support.\" class=\"wp-image-14473477\"  ><figcaption class=\"wp-element-caption\">Solana daily price chart \u2014 July 17 | Source: crypto.news<\/figcaption><\/figure>\n<p>CoinGlass\u2019 three-day liquidation heatmap places the nearest large pools of leveraged positions above the market. Dense clusters sit near $76.50\u2013$76.70, $78, and $78.70, making those levels possible price magnets if SOL rebounds. A move through $76.70 could liquidate short positions and accelerate a recovery toward $78.<\/p>\n<h2 class=\"wp-block-heading\">A break below $74 would expose the $69.60 support zone<\/h2>\n<p>Downside risk will rise if SOL closes decisively below the $74\u2013$74.30 area. The heatmap shows less concentrated liquidity immediately beneath the current price, leaving room for a quicker decline toward $72 before the daily Supertrend level near $69.62 comes into play.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"4080\" height=\"2409\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/07\/1784293686_426_Will-Solana-price-rebound-to-80-as-SOL-tests-key.webp.webp\" alt=\"Solana liquidation heatmap shows major liquidity clusters between $76.50 and $78.70.\" class=\"wp-image-14473479\"  ><figcaption class=\"wp-element-caption\">Solana liquidation heatmap | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/pro\/futures\/LiquidationHeatMap?coin=SOL&amp;type=symbol\" target=\"_blank\" rel=\"nofollow\">CoinGlass<\/a><\/figcaption><\/figure>\n<p>A loss of $69.62 would invalidate the remaining bullish daily setup and expose the June recovery base between $64 and $66. Macroeconomic pressure could deepen that move if Treasury yields continue higher, technology shares extend their decline, or renewed U.S.-Iran tensions lift oil prices and reduce demand for risk assets.<\/p>\n<p>For now, SOL remains caught between weak four-hour momentum and positive daily capital flow. Bulls need $76.50 back to target the liquidity stacked near $78\u2013$80, while a failure to protect $74 would place the $69.60 trend support at risk.<\/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>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana price has fallen nearly 4% to about $74 after a rejection near $77, as a global technology sell-off and leveraged long liquidations have pushed traders toward caution. Summary Solana&hellip;<\/p>\n","protected":false},"author":1,"featured_media":32076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34763","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\/34763","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=34763"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34763\/revisions"}],"predecessor-version":[{"id":34764,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34763\/revisions\/34764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/32076"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=34763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=34763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=34763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}