This chart shouts that $SOL has just experienced a short-term capitulation candle.
Doesn’t mean it can’t consolidate here and test lower levels first.
But;
Holding above 85.77 is a crucial support level.
This wick shows buying pressure stepping in, even amid recent weakness.
It’s not going to be a quick reversal, but given the sudden bounce from the lows, I think $85–86 is the short-term bottom area, while retests of $95–120 are definitely on the cards for the coming days.
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SOLUSDT
دائم
83.77
-4.79%