🚨 SOL Update | Market Watch
$SOL trading around $80–$84, showing continued weakness with sideways consolidation.
📉 Down significantly from previous highs → long-term bearish structure
📊 Struggling below key moving averages → sellers still in control
📉 Recent dips near $80 indicate ongoing market pressure
🔍 Market Signals:
• Range-bound between $77–$96 → no clear breakout
• Weak demand & declining network activity
• Derivatives show bearish bias with rising liquidations
🔑 Key Levels:
Support: $75 / $67
Resistance: $89 / $96
⚡ Break below $75 could trigger further downside, while reclaiming $90+ is needed for bullish momentum.
Stay cautious. Trend still weak
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