Solana is squeezed at $97.41 (-4.02%), and the current order-book mechanics hint that local support at $95 is a critical line. If sellers push through this level, the path to the $75 zone is opened wide.
What is confirming this scenario right now by the numbers:
Large capital is dumping through volume: the flow of funds shows a steady negative balance. On the daily timeframe, big players are recording outflows (-72,274 SOL), while the overall five-day dynamics have slipped deep into the red (-196,959 SOL), with an aggressive chase-selling dump over the last 24 hours (-73,060 SOL).
Technical vacuum below $95: on the hourly timeframe, SAR and RSI indicators (holding in the 37–42 zone) show a complete takeover of momentum by sellers. Buyer volume is exhausted, and there is practically no solid defense in the order book between $95 and $75.
The market won’t save those who enter on emotions. A break of the local bottom is very likely to trigger a cascade of liquidations for margin traders, all the way down to $75.
Share in the comments: are you keeping cash in case we head to $75, or are you planning to catch a bounce right from here?
#Solana #SOL #CryptoTrading #BinanceSquare #TechnicalAnalysis $SOL
What is confirming this scenario right now by the numbers:
Large capital is dumping through volume: the flow of funds shows a steady negative balance. On the daily timeframe, big players are recording outflows (-72,274 SOL), while the overall five-day dynamics have slipped deep into the red (-196,959 SOL), with an aggressive chase-selling dump over the last 24 hours (-73,060 SOL).
Technical vacuum below $95: on the hourly timeframe, SAR and RSI indicators (holding in the 37–42 zone) show a complete takeover of momentum by sellers. Buyer volume is exhausted, and there is practically no solid defense in the order book between $95 and $75.
The market won’t save those who enter on emotions. A break of the local bottom is very likely to trigger a cascade of liquidations for margin traders, all the way down to $75.
Share in the comments: are you keeping cash in case we head to $75, or are you planning to catch a bounce right from here?
#Solana #SOL #CryptoTrading #BinanceSquare #TechnicalAnalysis $SOL
