$SOL -SOLANA - Dips Below $80*
*Current Price:* ~ $79
*24h:* -5.7% | *7 Days:* -11.7%
SOL broke below the key $80 level today and made a low of $77.92. 195d
RSI is at 21.5 - deep oversold. That does not mean buy now, but it means sellers are exhausted and a short bounce is possible.
*Key Levels:*
Support: $77.9
If it breaks, next support: $63.8
Resistance: $80.8 - $83.5
*My View:* Panic selling is happening with BTC. If SOL holds $77.9, we can see a bounce to $83. If not, be patient, don't catch a falling knife.
#solana #sol #Crypto #BTC #WhatWillDriveCryptoandStocks’NextRebound?
*Current Price:* ~ $79
*24h:* -5.7% | *7 Days:* -11.7%
SOL broke below the key $80 level today and made a low of $77.92. 195d
RSI is at 21.5 - deep oversold. That does not mean buy now, but it means sellers are exhausted and a short bounce is possible.
*Key Levels:*
Support: $77.9
If it breaks, next support: $63.8
Resistance: $80.8 - $83.5
*My View:* Panic selling is happening with BTC. If SOL holds $77.9, we can see a bounce to $83. If not, be patient, don't catch a falling knife.
#solana #sol #Crypto #BTC #WhatWillDriveCryptoandStocks’NextRebound?
