$SOL Current price: Approximately $103.84.
Trend: Short-term bearish; selling pressure remains.
Support: $101.37 — a key level to watch.
Resistance: $105.09 — a break above this level could indicate recovery.
Bearish scenario: If support breaks, SOL could test the $100 area.
Bullish scenario: If SOL moves above $105.09 with strong buying volume, recovery may continue.
Conclusion: SOL currently looks cautious to bearish in the short term.#Binance #CryptoTrends2024 #solanAnalysis
Trend: Short-term bearish; selling pressure remains.
Support: $101.37 — a key level to watch.
Resistance: $105.09 — a break above this level could indicate recovery.
Bearish scenario: If support breaks, SOL could test the $100 area.
Bullish scenario: If SOL moves above $105.09 with strong buying volume, recovery may continue.
Conclusion: SOL currently looks cautious to bearish in the short term.#Binance #CryptoTrends2024 #solanAnalysis