$SOL is trading around 80.85, down ~4.5%, after rejecting near 85.2 and continuing its intraday downtrend.

On the 15-minute timeframe, price is clearly below EMA(7), EMA(50), and EMA(100). All EMAs are sloping downward, confirming strong bearish momentum. The structure shows consistent lower highs and lower lows, keeping sellers in control.

The drop toward 80.28 came with increased volume, validating the bearish pressure. Current movement looks like weak consolidation near lows, not yet a confirmed reversal.

Key Levels to Watch:

🔴 Resistance:

81.20 – 81.50 (EMA7 / short bounce zone)

82.00 – 82.30 (EMA50 area)

83.00+ (EMA100 / major intraday resistance)

🟢 Support:

80.28 (recent low)

79.50 – 79.00 (next demand zone)

77.50 – 78.00 (if breakdown continues)

Market Outlook:

As long as SOL remains below 82, short-term bias stays bearish.

A break below 80.28 could open room toward 79 → 78.

Only reclaiming 83+ would shift momentum toward neutral.

Trend: Bearish (15m)

Relief bounces possible, but structure still favors sellers until strong reclaim.

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