Solana (SOL) is trading around $79.16, down approximately 4.8% in the past 24 hours, with market sentiment leaning pessimistic.

📉 Key Support and Resistance

· Core Support Zone: $75 - $78. Currently, the price is testing this area. If broken, the next support is at $70**, and it could even slide toward **$62-$64.
· Core Resistance Zone: $85 - $88. There is a dense sell pressure of up to 37.7 million SOL here, making it a difficult barrier to overcome in the short term.

🛡️ Two Major Risk Factors

1. Security Incident Impact: The ecosystem protocol Drift was recently attacked (losses exceeding $285 million), severely damaging market confidence.
2. On-Chain Activity Cooling: March DEX trading volume hit a new low, and network activity has slowed down.

🧭 Future Trend Outlook
Currently in a bearish-dominated consolidation pattern:

· If support ( is broken, the probability is high ): failing to hold $78 will confirm a head and shoulders top pattern, likely triggering further decline.
· If an upward breakout occurs: Only by regaining above $88 and breaking through $90 will a trend reversal be indicated, potentially challenging the high of $97-$107 .

Summary: The current technical outlook is under pressure with potential bearish signals, and risks outweigh opportunities. It is recommended to stay on the sidelines and closely monitor $78 ’s defense situation. $SOL