$SOL is down to $90.27 after a sharp dump from $97.10 — sellers took full control on that big red candle.
On the 4H chart price is now below all EMAs, EMA 7 at $91.72 and EMA 25 at $93.47 are acting as resistance above. Supertrend is red above at $96.72 and SAR dots are also above price, so short-term trend is clearly bearish. RSI is at 34.6, almost oversold, so a small bounce is possible from $88.30 low but volume at 246M shows sellers were aggressive.
Are you buying this $SOL dip here or waiting for a reclaim above $91.7 first?
Follow for real-time updates, no fake signals.
If this analysis helped you, a small Tip is appreciated 🙏
#SOL #Solana #CryptoTrading
On the 4H chart price is now below all EMAs, EMA 7 at $91.72 and EMA 25 at $93.47 are acting as resistance above. Supertrend is red above at $96.72 and SAR dots are also above price, so short-term trend is clearly bearish. RSI is at 34.6, almost oversold, so a small bounce is possible from $88.30 low but volume at 246M shows sellers were aggressive.
Are you buying this $SOL dip here or waiting for a reclaim above $91.7 first?
Follow for real-time updates, no fake signals.
If this analysis helped you, a small Tip is appreciated 🙏
#SOL #Solana #CryptoTrading
