📉$SOL under strong pressure after a sharp drop 🤔🤔🤔
Solana fell from a local maximum of $135.4 to a minimum of $123.6. The price is currently consolidating around $125.7.
📊 What the chart shows:
The price is below MA(7), MA(25), and MA(99) — the bearish trend persists.
The sharp decline was accompanied by high volumes — aggressive selling.
The current movement looks like a weak rebound without momentum.
Support: $123–$124.
Resistance: $128–$130.
📌 Conclusion:
SOL is not ready for a reversal yet. A return above $130 and consolidation above the moving averages is needed for recovery. 🤔🤔🤔
SOL
127.8
+2.51%
BNB
870.43
+2.49%
