$SOL – Is Solana Losing Its Momentum?
Solana has pulled back from the $124 area and is now trading around $90.
Looking at the daily chart, sellers still seem to have the upper hand. Price is below the 7, 25 and 99-day moving averages, which tells us the recovery hasn't gained much strength yet.
I'm watching two important areas:
- $88–85: Support zone
- $92–93: First recovery level
- $99–100: Major resistance
Let's see how SOL reacts around support.
#sol #Solana #CryptoMarket #altcoins #Binance $SOL
Solana has pulled back from the $124 area and is now trading around $90.
Looking at the daily chart, sellers still seem to have the upper hand. Price is below the 7, 25 and 99-day moving averages, which tells us the recovery hasn't gained much strength yet.
I'm watching two important areas:
- $88–85: Support zone
- $92–93: First recovery level
- $99–100: Major resistance
Let's see how SOL reacts around support.
#sol #Solana #CryptoMarket #altcoins #Binance $SOL
