$SOL /USDT — Reading the Waves
Price just slid back to $67.68 after getting rejected hard near $71–72 📉
MA(7) sitting at 70.41 — and SOL is trading below it. Bears are in control of the short-term story right now.
Here's what the chart is telling me 👇
🔴 The Fall: $88 → $60 was brutal. Classic distribution into panic.
🟢 The Bounce: $60.13 looked like hope — price recovered to $72+
🔴 The Rejection: But MA(7) acted like a ceiling. Rejected. Again.
Now we're back at $67.68 — a critical crossroads 🎯
Levels I'm watching 👀
📌 Support: $64.04 (today's low) / $60.13 (macro floor)
📌 Resistance: $70.41 (MA7) → $72–74 zone
Two scenarios on my radar:
🐂 Scenario A — SOL reclaims $70+ with volume = bounce attempt is real
🐻 Scenario B — $64 breaks = retest of $60 incoming 😬
Volume at 248M USDT in 24h tells me this move has attention — just not direction yet 🤔
Sometimes the market whispers before it screams 🌊
Where do YOU think SOL closes this week? Drop it below! 👇
#sol #Solana #CryptoAnalysis #BinanceSquare #AltcoinSeason
Price just slid back to $67.68 after getting rejected hard near $71–72 📉
MA(7) sitting at 70.41 — and SOL is trading below it. Bears are in control of the short-term story right now.
Here's what the chart is telling me 👇
🔴 The Fall: $88 → $60 was brutal. Classic distribution into panic.
🟢 The Bounce: $60.13 looked like hope — price recovered to $72+
🔴 The Rejection: But MA(7) acted like a ceiling. Rejected. Again.
Now we're back at $67.68 — a critical crossroads 🎯
Levels I'm watching 👀
📌 Support: $64.04 (today's low) / $60.13 (macro floor)
📌 Resistance: $70.41 (MA7) → $72–74 zone
Two scenarios on my radar:
🐂 Scenario A — SOL reclaims $70+ with volume = bounce attempt is real
🐻 Scenario B — $64 breaks = retest of $60 incoming 😬
Volume at 248M USDT in 24h tells me this move has attention — just not direction yet 🤔
Sometimes the market whispers before it screams 🌊
Where do YOU think SOL closes this week? Drop it below! 👇
#sol #Solana #CryptoAnalysis #BinanceSquare #AltcoinSeason