$SOL Current price zone: ~$80โ$85
Trend: Sideways โ Slight bearish pressure
Market sentiment: Neutral to weak
๐ Technical Overview
SOL is trading in a range between $77 (support) and $96 (resistance) ๏ฟฝ
TradingView
Price is still below major moving averages, showing bears are in control ๏ฟฝ
TradingView
RSI is near neutral (~50), meaning no strong momentum yet ๏ฟฝ
MEXC
๐ Short-term structure = consolidation phase
๐ Bearish Scenario
If SOL breaks $77 support, next targets:
$68 (previous low)
$50 (strong psychological level) ๏ฟฝ
TradingView
โก๏ธ Weak ETF inflows and low demand are also adding pressure ๏ฟฝ
MEXC
๐ Bullish Scenario
If SOL breaks $95โ$100 resistance:
Next targets: $105โ$110 ๏ฟฝ
CoinDCX
Market recovery (especially if Bitcoin pumps) could push SOL higher ๏ฟฝ
MEXC
โก Key Insight
SOL is holding strong above $80, which is a critical support zone
Market is waiting for a breakout (up or down)
Right now โ no clear trend, patience phase
๐ง Conclusion
๐ Neutral / Wait & Watch
Short-term: Range-bound
Mid-term: Bullish only above $100
Risk: Downside if $77 breaks
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