Post
Lucilla Cat Lana
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📉 $SOL after a sharp decline is searching for a bottom
Price $123.66. After dropping to $122.50, the price bounced back, but the overall selling pressure is still noticeable. 🤔🤔🤔
🔍 On the chart:
Price is below MA(25) and MA(99) — the trend remains downward
MA(7) acts as local support
Volumes are decreasing — the selling impulse is weakening 🤔🤔🤔
🔑 Levels:
Support: $122.5–122.0
Resistance: $124.0–125.0
📌 Conclusion:
SOL is trying to stabilize after the spill. A consolidation above $125 is needed for a reversal, otherwise, a retest of support is possible. 🤔🤔🤔
$SOL
{spot}(SOLUSDT)
$BTC
{spot}(BTCUSDT)
Price $123.66. After dropping to $122.50, the price bounced back, but the overall selling pressure is still noticeable. 🤔🤔🤔
🔍 On the chart:
Price is below MA(25) and MA(99) — the trend remains downward
MA(7) acts as local support
Volumes are decreasing — the selling impulse is weakening 🤔🤔🤔
🔑 Levels:
Support: $122.5–122.0
Resistance: $124.0–125.0
📌 Conclusion:
SOL is trying to stabilize after the spill. A consolidation above $125 is needed for a reversal, otherwise, a retest of support is possible. 🤔🤔🤔
$SOL
{spot}(SOLUSDT)
$BTC
{spot}(BTCUSDT)
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