📉 $SOL
$USDT (1H): Bearish Breakout and Loss of Moving Averages
$SOL cedes ground to 121.67, losing the MA7 (122.38) and the MA25 (122.24) after a strong red candle that hit 120.88.
📊 Reading:
The drop was supported by sell volume. To revalidate bullish strength, it must recover $122.50.
🎯 Plan: By monitoring a retest of the MA7 or searching for support at the MA99 (119.33).
#BinanceSquare #Solana #SOL #Crypto #Futures
$USDT (1H): Bearish Breakout and Loss of Moving Averages
$SOL cedes ground to 121.67, losing the MA7 (122.38) and the MA25 (122.24) after a strong red candle that hit 120.88.
📊 Reading:
The drop was supported by sell volume. To revalidate bullish strength, it must recover $122.50.
🎯 Plan: By monitoring a retest of the MA7 or searching for support at the MA99 (119.33).
#BinanceSquare #Solana #SOL #Crypto #Futures
