#SOL 🚨 📉 SOLANA UNDER PRESSURE: BOUNCE OR MORE LOSSES?
🔴 Trading at $102.21, down 1.68%, according to the Binance chart.
📊 Technical analysis | SOL/USDT — 15-minute chart
🔻 Trend: bearish in the short term, following a sharp drop from the $104 area.
🟢 Key support: $101.75–$101.25. If this zone holds, SOL could attempt a bounce.
🔴 Immediate resistance: $102.33–$102.76.
⚠️ Higher resistance: $103.30–$103.40. Reclaiming this level would signal greater strength.
📈 What should we watch?
If SOL breaks above $102.76 with volume, it could target $103.30.
If it falls below $101.75, the risk of a drop toward $101.25 increases.
As long as it remains below the 99-period moving average ($103.36), bearish pressure continues.
🎯 My outlook: SOL is trying to stabilize near its recent lows, but it still needs to confirm a bounce with buying volume.
👇 What do you think? Will SOL recover to $104 or fall below $101?
$SOL
$ETH
$BNB
🔴 Trading at $102.21, down 1.68%, according to the Binance chart.
📊 Technical analysis | SOL/USDT — 15-minute chart
🔻 Trend: bearish in the short term, following a sharp drop from the $104 area.
🟢 Key support: $101.75–$101.25. If this zone holds, SOL could attempt a bounce.
🔴 Immediate resistance: $102.33–$102.76.
⚠️ Higher resistance: $103.30–$103.40. Reclaiming this level would signal greater strength.
📈 What should we watch?
If SOL breaks above $102.76 with volume, it could target $103.30.
If it falls below $101.75, the risk of a drop toward $101.25 increases.
As long as it remains below the 99-period moving average ($103.36), bearish pressure continues.
🎯 My outlook: SOL is trying to stabilize near its recent lows, but it still needs to confirm a bounce with buying volume.
👇 What do you think? Will SOL recover to $104 or fall below $101?
$SOL
$ETH
$BNB