#SOL
🚨 $SOL UNDER PRESSURE: BOUNCE OR FURTHER DROPS? 📉
Solana is facing strong selling pressure. On the 15-minute chart, $SOL/USDT is trading near 104.67 USDT, down 6.13%, with a rebound after touching 101.69 USDT.
🔎 Key levels to watch:
- 🟢 Support: 103.30 and 101.69 USDT.
- 🔴 Resistance: 105.30 and 106.50 USDT.
- 📈 Bullish scenario: reclaim resistance levels with buying volume.
- 📉 Bearish scenario: losing support at 101.69 could increase selling pressure.
⚠️ My take: the current rebound does not yet confirm a trend reversal. Caution is key; it’s best to wait for confirmation before taking a position.
💬 Question for the community: Do you think $SOL will reclaim 110 USDT, or will we see new lows?
#SOL #Solana #CryptoTrading #BinanceSquare #Altcoins
🚨 $SOL UNDER PRESSURE: BOUNCE OR FURTHER DROPS? 📉
Solana is facing strong selling pressure. On the 15-minute chart, $SOL/USDT is trading near 104.67 USDT, down 6.13%, with a rebound after touching 101.69 USDT.
🔎 Key levels to watch:
- 🟢 Support: 103.30 and 101.69 USDT.
- 🔴 Resistance: 105.30 and 106.50 USDT.
- 📈 Bullish scenario: reclaim resistance levels with buying volume.
- 📉 Bearish scenario: losing support at 101.69 could increase selling pressure.
⚠️ My take: the current rebound does not yet confirm a trend reversal. Caution is key; it’s best to wait for confirmation before taking a position.
💬 Question for the community: Do you think $SOL will reclaim 110 USDT, or will we see new lows?
#SOL #Solana #CryptoTrading #BinanceSquare #Altcoins