Solana Price Forecast: SOL extends correction below $80 as bearish bets surge

Solana (SOL) edges lower below $80.00 at the time of writing on Tuesday, weighed down by negative sentiment due to the United States (US) and Israel’s war with Iran. Solana declines for a second consecutive day, falling below $80 on Tuesday.Traders increase their exposure to short positions in Solana as the Open Interest-weighted funding rate remains negative.Momentum readings… Solana (SOL) edges lower below $80.00 at the time of writing on Tuesday, weighed down by negative sentiment due to the United States (US) and Israel’s war with Iran. Solana declines for a second consecutive day, falling below $80 on Tuesday.Traders increase their exposure to short positions in Solana as the Open Interest-weighted funding rate remains negative.Momentum readings weaken as the MACD maintains a sell signal and the RSI slides toward oversold territory.Solana (SOL) edges lower below $80.00 at the time of writing on Tuesday, weighed down by negative sentiment due to the United States (US) and Israel’s war… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.