🚨 $SOL Imminent Breakdown? 📉

Solana is at a critical tipping point. Bulls are desperately defending support, but the bounce is weak – bears are firmly in control. 🐻

The 20-day EMA at $133 is acting as a strong resistance, and an RSI below 39 confirms the downward momentum. A break below current support could trigger a cascade to $110, with a major test of the $95 support zone expected.

To reverse this, $SOL *needs* to break above the resistance. A successful push could open the door to $172. Watch levels closely!

#Solana #CryptoAnalysis #Trading #Altcoins 🚀

SOLUSDT

Perp

122.91

-3.15%