๐ $SOL โ Technical Analysis 12H
๐ด Technical correction: -1.72% in 24h
๐ Consolidation signals:
โข Price action at $87.23, rejected at $91.19
โข EMA 7 ($86,047) crossing below EMA 25 ($89,404) = bearish signal
โข Attempted to break resistance but without sufficient volume
โ ๏ธ Momentum losing strength after previous rally.
๐ก MACD: 2.070 (still positive but DIF -4.179 = growing selling pressure)
๐ฏ Critical zone: $86-$87 as immediate support. Loss opens $82-$84.
๐ Verdict: SOL in healthy correction or beginning of a larger retracement. $89.40 (EMA 25) is the line in the sand.
#SOL #Solana #CryptoAnalysis #Altcoins #MarketStructureShift

SOLUSDT
Perp
88.94
+2.24%