🚨SOLANA UNDER PRESSURE! Can $89 Hold?
$SOL is trading around $89, facing continued selling pressure.
Why is SOL falling?
Weakness across the broader crypto market.
Consecutive weeks of Solana ETF outflows.
Long liquidations adding selling pressure.
Bearish technical structure after losing key support.
📊 Key levels to watch:
Support: $88–$89
Next support: $84
Resistance: $92–$95
My outlook: If SOL holds $88–$89, a recovery attempt remains possible. But losing this zone could invite further downside.
Solana isn't out of the game, but buyers need to prove their strength.
DYOR
Trade ➡️$SOL
#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillAnthropicListOnTime #HKSFCPlansToRestrictCryptoAndExchangeTerms
$SOL is trading around $89, facing continued selling pressure.
Why is SOL falling?
Weakness across the broader crypto market.
Consecutive weeks of Solana ETF outflows.
Long liquidations adding selling pressure.
Bearish technical structure after losing key support.
📊 Key levels to watch:
Support: $88–$89
Next support: $84
Resistance: $92–$95
My outlook: If SOL holds $88–$89, a recovery attempt remains possible. But losing this zone could invite further downside.
Solana isn't out of the game, but buyers need to prove their strength.
DYOR
Trade ➡️$SOL
#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillAnthropicListOnTime #HKSFCPlansToRestrictCryptoAndExchangeTerms