$SOL / USDT (Perp) Analysis

$SOL

SOL
SOLUSDT
86.63
-0.60%

Current Price: $89.35

Trend: Bearish 🔴

Support: $88.60 | $85.00

Resistance: $92.00 | $96.50

Analysis:

SOL is experiencing strong selling pressure and is trading below the MA60, confirming a short-term bearish structure. The rejection from the $92.00 zone accelerated downside momentum. If the $88.60 support breaks, the price could extend its decline toward the $85.00 area. For any bullish recovery, SOL must reclaim and hold above the $92.00–$96.50 resistance range. Until then, rallies may be considered selling opportunities.

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