$SOL is approaching a level where the next reaction could tell us a lot.
The daily chart remains under pressure, with SOL trading near $82.95 after another sharp rejection. Buyers are still defending the $81.25 low, but the Supertrend at $97.67 shows the broader trend hasn't turned bullish yet.
Key levels to watch:
Support: $81.25
Next support: $79.06
Resistance: $88.68
Major hurdle: $97.67
Holding $81.25 could set up a relief bounce toward $88.68. A daily breakdown below support would leave SOL vulnerable to further downside.
The level is clear. Now the market needs to show whether buyers can defend it.
#Write2Earn #solana
The daily chart remains under pressure, with SOL trading near $82.95 after another sharp rejection. Buyers are still defending the $81.25 low, but the Supertrend at $97.67 shows the broader trend hasn't turned bullish yet.
Key levels to watch:
Support: $81.25
Next support: $79.06
Resistance: $88.68
Major hurdle: $97.67
Holding $81.25 could set up a relief bounce toward $88.68. A daily breakdown below support would leave SOL vulnerable to further downside.
The level is clear. Now the market needs to show whether buyers can defend it.
#Write2Earn #solana
