$SOL Technical Update 📉
SOL is trading around $82, holding just above the key $81.70 support zone after a sharp rejection from $86.50. Price remains below MA(7), MA(25), and MA(99), confirming short-term bearish momentum.
🔹 Trend: Bearish (Lower highs & lower lows)
🔹 Immediate Support: $81.70
🔹 Breakdown Level: Below $81 → $78–$75 zone possible
🔹 Resistance: $83.20 then $86
Volume increased on the recent selloff, showing strong seller pressure. Unless SOL reclaims $86 with strength, rallies may face resistance.
For now, structure favors bears — but watch the $81 zone closely for either breakdown or relief bounce.