#solana
Current Market Condition
• Price: $85.37
• MA7: 85.27
• MA25: 85.67
• MA99: 84.23
Interpretation:
• Price is below MA25, showing short-term bearish pressure.
• Price is still above MA99, meaning the bigger trend is still holding.
Key Levels
Support
• $84.4 (nearest support)
• $84.0 – $84.2 (strong support near MA99)
Resistance
• $86.2
• $87.0 (previous high)
Possible Scenarios
Bullish Scenario
If price breaks $85.8 – $86 with strong volume:
• Target 1: $86.8
• Target 2: $87
Bearish Scenario
If price fails to push higher:
• First test: $84.4
• If this level breaks → $83.8
Futures Trading Setup (Example)
Long Setup
• Entry: $84.5 – $85
• Take Profit: $86.5
• Stop Loss: $83.9
Short Setup
• Entry: $86 – $86.5
• Take Profit: $84.8
• Stop Loss: $87.3
Conclusion
Right now SOL is consolidating after the spike to $87.
The market may move sideways before the next big move.
👉 It’s usually better not to enter in the middle around $85.3,
but wait for support or resistance zones.
Don't forget to follow
DYOR
