Solana faces major resistance: Can it break 94 dollars

AI-generated source summary

Solana (SOL) is observed to be in a bearish trend on the daily timeframe. The price action suggests a potential three-wave move downwards, with current momentum indicating a continuation towards lower levels. The analysis highlights key Fibonacci retracement levels as potential targets. Specifically, the 61.8% retracement at $60.422 and the 100% extension at $48.756 are identified as significant support zones. The current price is trading below a critical resistance area between $82.262 and $93.995. A break above $94.000 would invalidate the current bearish outlook. The immediate invalidation level for the bearish scenario is set around $77.033, which corresponds to the 38.2% Fibonacci retracement level from a previous price swing. Failure to hold above this level would confirm the bearish continuation, with the next significant support expected around $71.172 (50% retracement).

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   29 Jul 2026, 03:53 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   29 Jul 2026, 04:12 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   29 Jul 2026, 04:12 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   29 Jul 2026, 04:12 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   29 Jul 2026, 04:12 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. Live evaluation in progress

   01 Aug 2026, 02:37 UTC

   1 signal remains active.