🚨 SOL/USDT Market Update 🚨
SOL
82.65
-2.61%
is currently trading near $85.3 after facing strong rejection from the $89 zone. The chart clearly shows a short-term downtrend with continuous lower highs and lower lows, indicating seller dominance in the market.
The key support is holding around $85.0, and if this level breaks, we could see further downside toward $84 or even $83.8. On the upside, resistance stands near $86.5 – $87.5, and a breakout above this zone is needed for any bullish recovery.
Indicators like KDJ and volume suggest weak momentum, meaning buyers are still not in full control. Traders should stay cautious and wait for confirmation before entering positions.
💬 What do you think? Will SOL bounce from here or drop more?
👍 Like & comment your opinion below!