$SOL Solana remains under pressure after declining 25.81% during October and losing the important $100 psychological level. The supplied technical data identifies former support as overhead resistance, while high trading volume and slightly increasing Open Interest highlight continued market activity. A recovery above the invalidation level would challenge the bearish setup.
📈 Bias: Bearish | 🎯 Entry: $96.80–$98.20 | 🛡 Support: $92.00 / $88.50 | 🚧 Resistance: $99.50 / $104.00 | 🎯 Targets: $92.50 / $89.00 / $85.50 | ❌ Invalidation: Move back above $101.50
Strategy: Watch for rejection around the entry zone or confirmation of bearish continuation. Avoid chasing an extended downward move.
#SOL #Solana #CryptoTrading #BearishAnalysis #BinanceSquare
📈 Bias: Bearish | 🎯 Entry: $96.80–$98.20 | 🛡 Support: $92.00 / $88.50 | 🚧 Resistance: $99.50 / $104.00 | 🎯 Targets: $92.50 / $89.00 / $85.50 | ❌ Invalidation: Move back above $101.50
Strategy: Watch for rejection around the entry zone or confirmation of bearish continuation. Avoid chasing an extended downward move.
#SOL #Solana #CryptoTrading #BearishAnalysis #BinanceSquare
