🔥 $SOL /USD Short-Term Update: Critical Support Test! 🔥SOLUSD CM Perp is showing strong local volatility after a recent sharp dip. Buyers are trying to defend the current zone.📊 Key Technical Levels:Current Price: $117.70Resistance: $118.37 (MA60 Line — Price must break above this to regain bullish momentum).Immediate Support: $117.30 (Recent swing low).🔍 Market Sentiment:Order Book Data: Bids dominate at 60.38% vs Asks at 39.62%.Outlook: High buying interest at lower levels suggests a potential short-term bounce. However, the overall trend remains under pressure below the MA60 line.⚠️ Disclaimer: Not financial advice. Always Manage your risk and DYOR!#solana #SOL #cryptotrading #TechnicalAnalysis #BinanceSquare