$SOL $XRP $ETH
The SOL coin is currently facing clear selling pressure after failing to hold above the $95 zone, with the price now hovering around $89.5 as momentum continues to weaken on the 4-hour timeframe.
๐ Technical Analysis: โข RSI indicator at 38 โ still close to weakness zones
โข MACD is bearish and the red histogram persists
โข The price is trying to hold above support at $88.5
โข Any clear break below this support could open the path towards $86 and then $84
๐ฏ Key Levels: ๐น Current support: $88.5
๐น Stronger support: $86
๐น Nearby resistance: $92.5
๐น A breakout above $92.5 could reignite momentum back towards $95
โ ๏ธ The market currently leans towards correction rather than upward movement, so risk management is crucial until a clear reversal signal appears.
#SOL #Solana #Crypto #Binance #altcoins
The SOL coin is currently facing clear selling pressure after failing to hold above the $95 zone, with the price now hovering around $89.5 as momentum continues to weaken on the 4-hour timeframe.
๐ Technical Analysis: โข RSI indicator at 38 โ still close to weakness zones
โข MACD is bearish and the red histogram persists
โข The price is trying to hold above support at $88.5
โข Any clear break below this support could open the path towards $86 and then $84
๐ฏ Key Levels: ๐น Current support: $88.5
๐น Stronger support: $86
๐น Nearby resistance: $92.5
๐น A breakout above $92.5 could reignite momentum back towards $95
โ ๏ธ The market currently leans towards correction rather than upward movement, so risk management is crucial until a clear reversal signal appears.
#SOL #Solana #Crypto #Binance #altcoins
