After yesterday’s drop in $SOL , we broke the support zone and are trading below it.
The coin is retesting a support line that has turned into resistance.
A rejection is expected from the 101.23 area.
🔴 A drop is targeting: 99.16/98.62
The reason is USDT dominance, which rebounded from an important support zone and made a bullish jump toward a resistance zone. Therefore, pressure is still weighing on coins, including $SOL
The coin is retesting a support line that has turned into resistance.
A rejection is expected from the 101.23 area.
🔴 A drop is targeting: 99.16/98.62
The reason is USDT dominance, which rebounded from an important support zone and made a bullish jump toward a resistance zone. Therefore, pressure is still weighing on coins, including $SOL
