SOL Tests $89 Support as Market Awaits RWA-Driven Week

⬤ Solana is fighting to hold ground near the $89 level after getting knocked down from higher prices. The chart shows SOL stabilizing around a key horizontal zone, testing whether it can stay above support.

⬤ After sliding from elevated levels, SOL landed in a reaction zone where the chart maps out two possible scenarios. One path shows recovery toward upper resistance if the reclaim holds. The other suggests continued downside if support breaks. This pattern echoes the post-selloff support test dynamic where price sits right on a critical level that determines what happens next.

⬤ The analyst points to potential RWA-related catalysts that could push price in either direction depending on how the market digests the news. Similar wait-and-see moments appeared during the pre-move consolidation phase when SOL held near support before making its next directional push.

⬤ What happens at this reclaimed level matters because it usually sets short-term direction. If SOL can hold above $89 and build acceptance here, the door opens for a move toward resistance zones above. But if the level gets rejected, price will likely follow the downside path outlined on the chart. Traders are watching closely to see whether bulls can defend this zone or if bears will push lower into the week ahead.