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$SOL Market Update
I’ve been looking at the SOL chart on the 1-hour timeframe, and the market still looks a bit weak to me.
$SOL is currently around 103.59 USDT. The price is below the MA(7), MA(25), and MA(99), which shows that sellers are still putting pressure on the market.
For now, I’m watching the 102.50–102.00 area as support. On the upside, SOL needs to move back above 104.30–105.10 to show signs of a stronger recovery.
Let’s see how the next candles close. The market can move in either direction, so I’m not jumping to conclusions.
💬 What do you think about
$SOL ? Can it recover from here?
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