🔥 SOL/USDT Quick Market Breakdown – What I’m Seeing Right Now
SOL is currently trading around $102, showing a -3% dip on the 15-minute chart. After hitting the local high at $106.69, the price faced strong rejection and slipped all the way down to $100.21, where buyers finally stepped in.
The interesting part?
Even though SOL is trying to bounce, the EMA trend is still bearish:
EMA 7 < EMA 25 < EMA 99 → Downtrend still active
Volume is decreasing after that huge spike, which means momentum is weakening
Bulls are trying to reclaim $102+, but unless SOL breaks above EMA 25 (~$103) with strong volume, this bounce might stay short-term only
Overall, the market looks like it’s in a cool-off zone, not a full reversal yet. I’m keeping an eye on the $100 support—if that holds, we might see a stronger recovery.
Let’s see how SOL reacts in the next few candles. 📉📈
Crypto never sleeps, and neither do these charts 😅$SOL
