The $SOL pair is trading at 83.05, recording a slight decline of -0.13% over 24 hours. The price is holding near the support low at 81.52 and remains below the key moving averages, including MA(7) at 83.29, MA(25) at 83.90, and MA(99) at 85.79, following a slight pullback from higher levels.
🔻 Trend: Short for $SOL
* Entry range: $82.50 – $84.00
* SL: $86.50
* TP 1: $80.00
* TP 2: $77.50
* TP 3: $74.50
Price action shows mild selling pressure following rejection from higher consolidation zones, with the price holding below the key moving averages. Weak recovery attempts and overhead resistance support the continuation of the downtrend as long as the nearby resistance around 84.50 holds.
🔻 Trend: Short for $SOL
* Entry range: $82.50 – $84.00
* SL: $86.50
* TP 1: $80.00
* TP 2: $77.50
* TP 3: $74.50
Price action shows mild selling pressure following rejection from higher consolidation zones, with the price holding below the key moving averages. Weak recovery attempts and overhead resistance support the continuation of the downtrend as long as the nearby resistance around 84.50 holds.
