Solana Falls Below $80 Amidst Heavy Leverage Clusters and Fibonacci Retracement Zone
ByAinvest
Saturday, Feb 7, 2026 2:26 am ET1min read
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Solana's price has fallen below $80, hitting the 0.786 Fibonacci retracement zone near $69 to $70. Binance's liquidation data shows heavy leverage clustered near $75 on the downside and $85 to $90 overhead. The 200-week average sits higher, near the low $100s, and acts as overhead resistance. Momentum indicators remain weak, and volume expanded during the selloff.
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