$SOL
Technical Analysis Report – SOL/USDT
SOL/USDT is currently trading around 85.77, holding just above its MA60 (85.63), which signals short-term support strength. Price recently pulled back from the 24h high (89.06) and is now consolidating near a key demand zone (85.20–85.60).
Volume remains moderate, showing controlled selling pressure rather than panic. The MACD shows a weak bullish crossover (histogram slightly positive), indicating momentum could shift upward if buyers step in. However, the RSI (86.52) is in overbought territory, suggesting a possible short-term correction or sideways movement before the next move.
Overall, the market structure is slightly bullish but cautious. If price sustains above 85.50, a retest of 88–90 resistance is likely. A breakdown below 85.20 could trigger short-term bearish pressure toward 83–82 levels. Traders should watch for volume spikes and RSI cooling for safer entries.
Conclusion: $SOL Short-term bullish with correction risk.#IranRejectsSecondRoundTalks