Why is Solana USD dropping today?

SOLUSD declined 10.35% due to profit-taking, technical breakdown below key moving averages, and heavy selling volume at 3.36x average levels. The ADX at 27.02 confirms a strong downtrend is in place, indicating conviction behind the selling pressure.

What is the Solana USD price forecast?

Monthly forecast targets $52.30 (50% downside), quarterly targets $142.85 (35% upside), and yearly targets $203.12 (93% upside). These wide ranges reflect uncertainty about whether SOLUSD finds a bottom or continues declining in the near term.

What are the key support levels for SOLUSD?

Critical support exists at the lower Bollinger Band ($115.30), the psychological $100 level, and the 52-week low of $95.16. Breaking below $115.30 could accelerate selling toward $100 and potentially $95.

Is the RSI overbought or oversold for Solana USD?

The RSI at 52.08 is neutral, indicating neither overbought nor oversold conditions. However, the Stochastic %K at 72.60 shows overbought momentum readings, which often precede pullbacks in price.

What does the MACD indicate for SOLUSD?

The MACD at -0.56 is below the signal line at -3.13, confirming bearish momentum. This crossover suggests downward pressure will likely continue in the near term unless the indicator reverses.

Crypto Insights

Solana USD Slides Below $105 as Monthly Forecast Targets $52.30

ByDanny Kontos February 5, 2026February 5, 2026

Solana USD (SOLUSD) is experiencing significant downward pressure as of February 4, 2026. The cryptocurrency has declined 10.35% from its previous close, trading at $105.44 with a market cap of $65.96 billion. This sharp pullback comes amid broader market volatility and technical weakness. Understanding the current price action and what drives SOLUSD movements is essential for tracking this major digital asset. We’ll examine the technical landscape, forecast scenarios, and market sentiment surrounding Solana USD today.