🚨 $SOL (USDT) ALERT 🚨
$SOL is currently trading around $61.77 after facing a strong rejection from the recent high near $65.44. The market remains under bearish pressure, but traders are closely watching this zone for a potential reversal setup.
📊 Key Price Comparison:
🔹 Current Price: $61.77
🔹 24H High: $65.44
🔹 24H Low: $60.03
🔹 Difference from High: -5.61%
🔹 Distance from Low: +2.89%
The 4H chart shows SOL trading below major moving averages, confirming the ongoing downtrend. However, the recent support near $60.00 is holding for now. If buyers defend this level, a recovery toward $65-$68 could be possible.
🎯 Important Levels:
✅ Support: $60.00 - $58.80
✅ Resistance: $65.40 - $68.30
✅ Break Above $68 = Bullish Momentum
⚠️ Break Below $60 = More Downside Risk
🔥 Smart money often accumulates when fear is high. Keep an eye on volume and price action around the $60 support zone.
What do you think?
📈 Bounce from $60?
📉 Or another leg down before recovery?
#NasdaqWorstDayInOverAYear ADAFourYearLowAt$0.16HoskinsonStepsBackBitcoinBounceBackAbove$61KBitcoinBounceBackAbove$61KADAHits$0.15FiveYearLow#solana
