$SOL USDT Rejection at 80.49 – Breakdown Incoming or Fake Move?
SOLUSDT has triggered a sell around 80.49 after facing strong rejection near the 81.00–82.00 resistance zone. Price struggled to sustain bullish momentum above this supply area, signaling that sellers are actively defending higher levels. Immediate support is now seen around 78.80, with a stronger demand zone near 76.50. A clean break below 78.80 could accelerate downside pressure toward the next liquidity pocket.
Technically, RSI is rolling over from the upper range and drifting back toward the 50 level, suggesting fading bullish momentum. A move below 45 would strengthen the short-term bearish bias. MACD appears to be flattening with potential for a bearish crossover, indicating that momentum is shifting in favor of sellers. Price trading near or below short-term moving averages adds further confirmation of weakness.
Market sentiment in the short term is Bearish. Sellers are controlling resistance, and momentum currently favors a corrective move unless bulls reclaim the 82.00 level with strong volume.
Strategy: Aggressive traders may consider short opportunities on pullbacks toward 80.50–81.50 with tight risk management above resistance. Conservative traders should Wait for confirmation — either a decisive break below 78.80 or a strong breakout above 82.00 before entering new positions.
Do you expect SOLUSDT to revisit the mid-70s, or will buyers step in for a quick rebound? Share your view below.
Not Financial Advice (NFA). Always manage your risk wisely.
SOL
80.34
+0.41%
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