🚨 $SOL
UNDER HEAVY SELLING PRESSURE — IS A MAJOR BOUNCE COMING?
Solana (SOL) is trading around $75.80, down approximately 5.70% in 24 hours.
Trend Analysis:
- 4H: Bearish
- Daily: Strong Bearish
- Weekly: Strong Bearish
Key Levels:
- Support: $75.60
- Next Support: $73.16
- Major Support: $68.09
- Resistance: $79.33
- Next Resistance: $81.27
Important Signal: Daily RSI is around 17.7, indicating deeply oversold conditions. A relief bounce is possible, but this does not confirm a trend reversal.
Verdict: Sellers remain in control. Bulls need to reclaim $79.33 to improve the outlook.
#SOL #Solana #CryptoAnalysis #Altcoins #CryptoMarket
UNDER HEAVY SELLING PRESSURE — IS A MAJOR BOUNCE COMING?
Solana (SOL) is trading around $75.80, down approximately 5.70% in 24 hours.
Trend Analysis:
- 4H: Bearish
- Daily: Strong Bearish
- Weekly: Strong Bearish
Key Levels:
- Support: $75.60
- Next Support: $73.16
- Major Support: $68.09
- Resistance: $79.33
- Next Resistance: $81.27
Important Signal: Daily RSI is around 17.7, indicating deeply oversold conditions. A relief bounce is possible, but this does not confirm a trend reversal.
Verdict: Sellers remain in control. Bulls need to reclaim $79.33 to improve the outlook.
#SOL #Solana #CryptoAnalysis #Altcoins #CryptoMarket
