🔴 SOLANA DROPS 6.8% – IS $90 THE KEY SUPPORT?
Solana ($SOL ) faces strong selling pressure amid broader crypto market weakness.
📊 Market Highlights:
- Price: $90.07
- 24H Change: -6.80%
- Intraday Low: $89.20
- Heavy institutional outflows
- Price trading below EMA 7, EMA 25 & EMA 99
⚠️ Key Risks:
- Bearish technical structure.
- Weakness in AI and tech stocks.
- Institutional selling pressure.
- Reduced trading volume and liquidity.
🟢 Important Support: $89.20–$90.00
🎯 My Take:
If SOL holds the $89.20 support, a recovery could follow. However, a breakdown below this level may trigger another sell-off.
🚀 Can $SOL reclaim $95, or will bears push it lower?
#SOL #Solana #Crypto #Binance #Altcoins #trading
Solana ($SOL ) faces strong selling pressure amid broader crypto market weakness.
📊 Market Highlights:
- Price: $90.07
- 24H Change: -6.80%
- Intraday Low: $89.20
- Heavy institutional outflows
- Price trading below EMA 7, EMA 25 & EMA 99
⚠️ Key Risks:
- Bearish technical structure.
- Weakness in AI and tech stocks.
- Institutional selling pressure.
- Reduced trading volume and liquidity.
🟢 Important Support: $89.20–$90.00
🎯 My Take:
If SOL holds the $89.20 support, a recovery could follow. However, a breakdown below this level may trigger another sell-off.
🚀 Can $SOL reclaim $95, or will bears push it lower?
#SOL #Solana #Crypto #Binance #Altcoins #trading
