$SOL Solana is trading at $86.82, down 2.77% in 24 hours. Price is approaching an important $85 structural support area within a macro descending wedge. Negative futures funding of -0.003% indicates increasing short positioning. However, any recovery depends on support stabilization and broader Bitcoin market conditions. Traders should monitor whether SOL can establish a sustainable recovery structure.
📈 Bias: Bearish to Neutral | 🎯 Entry: $85.20–$86.50 | 🛡 Support: $85.00, $81.50 | 🚧 Resistance: $91.20, $94.45, $95.70 | 🎯 Targets: $90.50, $94.00, $98.00 | ❌ Invalidation: $83.80
Strategy: Watch for a confirmed bounce from the $85 support zone before considering a potential recovery trade.
#Solana #SOL #CryptoTrading #AltcoinAnalysis #BinanceSquare
📈 Bias: Bearish to Neutral | 🎯 Entry: $85.20–$86.50 | 🛡 Support: $85.00, $81.50 | 🚧 Resistance: $91.20, $94.45, $95.70 | 🎯 Targets: $90.50, $94.00, $98.00 | ❌ Invalidation: $83.80
Strategy: Watch for a confirmed bounce from the $85 support zone before considering a potential recovery trade.
#Solana #SOL #CryptoTrading #AltcoinAnalysis #BinanceSquare
