🚨 SOLANA FALLS AS BEARISH PRESSURE MOUNTS
Solana ($SOL ) is trading near 99.68 USDT, down approximately 2.6% over the past 24 hours.
📉 On the daily chart, SOL fell from 124.95 USDT to a low of 99.26 USDT, a drop of nearly 20% from its recent high.
⏱️ On the 1-minute timeframe, the price is trending downward, losing the $102 and $101 levels before approaching 100 USDT.
📊 Key levels:
- 99.26 USDT: support that buyers need to defend.
- 100 USDT: an important psychological level.
- 101–102 USDT: levels SOL would need to reclaim to show strength.
- 103.85 USDT: the high over the past 24 hours.
🔎 What could happen?
If SOL loses 99.26 USDT, it could continue falling. If it reclaims $100 and manages to stay above it, a technical bounce could occur.
The drop does not guarantee an immediate recovery. It’s worth monitoring support levels, volume, and the overall market trend before making decisions.
Will SOL bounce from $99 or continue falling? #solana #CryptoNewss
Solana ($SOL ) is trading near 99.68 USDT, down approximately 2.6% over the past 24 hours.
📉 On the daily chart, SOL fell from 124.95 USDT to a low of 99.26 USDT, a drop of nearly 20% from its recent high.
⏱️ On the 1-minute timeframe, the price is trending downward, losing the $102 and $101 levels before approaching 100 USDT.
📊 Key levels:
- 99.26 USDT: support that buyers need to defend.
- 100 USDT: an important psychological level.
- 101–102 USDT: levels SOL would need to reclaim to show strength.
- 103.85 USDT: the high over the past 24 hours.
🔎 What could happen?
If SOL loses 99.26 USDT, it could continue falling. If it reclaims $100 and manages to stay above it, a technical bounce could occur.
The drop does not guarantee an immediate recovery. It’s worth monitoring support levels, volume, and the overall market trend before making decisions.
Will SOL bounce from $99 or continue falling? #solana #CryptoNewss
