๐จ SOLANA ($SOL ) UNDER HEAVY PRESSURE โ WHAT THE CHART IS REALLY SAYING ๐๐ฅ
$SOL | SOL/USDT
๐ฐ Price: 104.18
๐ 24H Change: -11.21%
๐ 24H High: 118.85
๐ 24H Low: 96.40
๐ต 24H Volume (USDT): 899.28M
โ ๏ธ Market Breakdown (4H Timeframe):
Solana just experienced a sharp sell-off, breaking multiple key levels ๐งจ
๐ป Price dropped aggressively from the 128.34 resistance zone
๐ป Strong bearish candles indicate panic selling + liquidation pressure
๐ป A long lower wick near 96.40 suggests temporary demand / short-term bounce ๐งฒ
๐ Moving Averages Tell the Story:
๐ MA(7): 112.00
๐ MA(25): 119.01
๐ MA(99): 128.66
โ Price is trading below all major MAs
โ Clear bearish structure
โ Sellers fully in control for now ๐ป
๐ Volume Insight:
๐ด Massive volume spike on the breakdown
๐ฅ Confirms distribution + forced liquidations
โ ๏ธ Volatility remains elevated โ expect wild swings
๐ง What This Means:
This is not a random drop โ
This is a leverage flush + trend continuation move
๐น Short-term trend: Bearish
๐น Momentum: Weak
๐น Market emotion: Fear-driven ๐จ
๐ฏ Key Levels to Watch:
๐ข Support: 96 โ 100 zone
๐ด Resistance: 112 โ 120 zone
๐ A reclaim above 112 is needed for any bullish relief
๐ Failure to hold 96 could open deeper downside โฌ๏ธ
๐ก Final Take:
๐งจ SOL is in a high-risk, high-volatility phase
๐ง Patience > emotions
๐ก๏ธ Risk management is critical
Markets punish impatience โ and reward discipline ๐
#SOL #solana #SOLUSDT! #CryptoMarket #altcoins
