85 is the whole story on $SOL right now.
The 4h tagged it last night when the market flushed, bounced to 88.4, and this morning it came right back down to 85.1. Two taps in a few hours. Price around 86.3 now.
For me the old 89 to 90 shelf it sat on all weekend is resistance now, and both EMAs are pointing down over it. Downtrend still clean on this chart honestly.
If 85 cracks on a real 4h close there isnt much on the chart until the low 80s. Getting back above 88.5 first and then 90 is what would make me stop leaning bearish.
The 4h tagged it last night when the market flushed, bounced to 88.4, and this morning it came right back down to 85.1. Two taps in a few hours. Price around 86.3 now.
For me the old 89 to 90 shelf it sat on all weekend is resistance now, and both EMAs are pointing down over it. Downtrend still clean on this chart honestly.
If 85 cracks on a real 4h close there isnt much on the chart until the low 80s. Getting back above 88.5 first and then 90 is what would make me stop leaning bearish.
