๐Ÿ”Ž $SOL โ€” Technical Analysis 12H

๐Ÿ”ด Technical correction: -1.72% in 24h

๐Ÿ“‰ Consolidation signals:

โ€ข Price action at $87.23, rejected at $91.19

โ€ข EMA 7 ($86,047) crossing below EMA 25 ($89,404) = bearish signal

โ€ข Attempted to break resistance but without sufficient volume

โš ๏ธ Momentum losing strength after previous rally.

๐ŸŸก MACD: 2.070 (still positive but DIF -4.179 = growing selling pressure)

๐ŸŽฏ Critical zone: $86-$87 as immediate support. Loss opens $82-$84.

๐Ÿ“Š 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

SOL
SOLUSDT
88.94
+2.24%