$SOL is under strong selling pressure on the 4H chart, trading at $102.38 after another sharp drop 📉
SOL keeps making LOWER HIGHS and pushing toward new lows... sellers are still in control.
Look at this SUPPORT 👀 → $100.62 is the key low to watch.
RSI(6) is at 20.65, showing heavily oversold conditions.
A short-term bounce could happen, but it needs confirmation.
If $100.62 breaks ⇒ further downside could come into focus.
For the bullish side, reclaiming $104.27 could be the first sign of recovery.
Next RESISTANCE sits near $108.99 ⚡️
Watch $100.62 closely... holding it could spark a bounce, while a breakdown would weaken the recovery idea.
Follow for more chart analysis 😎
SOL keeps making LOWER HIGHS and pushing toward new lows... sellers are still in control.
Look at this SUPPORT 👀 → $100.62 is the key low to watch.
RSI(6) is at 20.65, showing heavily oversold conditions.
A short-term bounce could happen, but it needs confirmation.
If $100.62 breaks ⇒ further downside could come into focus.
For the bullish side, reclaiming $104.27 could be the first sign of recovery.
Next RESISTANCE sits near $108.99 ⚡️
Watch $100.62 closely... holding it could spark a bounce, while a breakdown would weaken the recovery idea.
Follow for more chart analysis 😎