Why is SOLUSD dropping 10.35% today?

SOLUSD declined due to broader crypto market weakness, regulatory uncertainty, and technical breakdown below key moving averages. Volume surge to 340.86 million indicates institutional selling alongside retail capitulation. Macro headwinds affecting risk assets globally have pressured Solana alongside other cryptocurrencies.

What is the SOLUSD price forecast for February 2026?

Monthly forecast targets $52.30, representing potential 50% downside. Quarterly forecast suggests $142.85, implying recovery potential. Yearly forecast reaches $203.12, indicating longer-term upside. These targets reflect wide range of outcomes based on technical analysis and market conditions.

Where is the next support level for Solana USD?

Immediate support sits at $115.30 marked by lower Bollinger Band. Secondary support appears at $96.52 (day low) and $95.16 (year low). Resistance emerges at $128.03 (middle Bollinger Band) and $130.40 (50-day moving average). These levels guide traders on where institutional activity typically concentrates.

Is SOLUSD oversold based on technical indicators?

RSI at 52.08 indicates neutral conditions, not yet oversold. Stochastic %K at 72.60 suggests overbought momentum, but this often precedes pullbacks rather than immediate reversals. ADX at 27.02 confirms strong downtrend remains intact, suggesting further weakness possible before stabilization occurs.

What could trigger a SOLUSD recovery?

Recovery catalysts include major institutional adoption announcements, network upgrades improving throughput, and positive regulatory developments. Jupiter's Polymarket integration demonstrates ongoing ecosystem development. Stabilization above $115.30 and reclamation of the 50-day moving average would signal technical reversal potential.

Crypto Insights

Solana USD Faces $52.3 Monthly Target as -10.35% Decline Tests Support Levels

ByHuzaifa Zahoor February 3, 2026February 3, 2026

Solana USD has experienced a significant pullback, declining 10.35% to trade at $105.44 as of February 2, 2026. The cryptocurrency faces critical support levels while technical indicators paint a mixed picture of market sentiment. We examine the technical drivers behind this SOLUSD decline and what price targets suggest about near-term direction. Market data shows trading volume surged to 340.86 million, indicating active participation despite the downward pressure. Understanding the technical landscape helps traders assess whether this represents a temporary correction or the start of a deeper pullback.