$SOL USDT Market Update — Critical Support in Play! 🔥
SOL has completed a sharp sell-off and just swept the major liquidity zone near $95.50, which is acting as a key demand area right now 🧱
📉 Market Structure:
• Strong bearish trend from $148 → $95
• Massive liquidity grab below previous lows
• Sellers seem exhausted after panic selling
📊 Indicators Insight:
• RSI on 4H & Daily = Deep Oversold 🥶
• Selling momentum is slowing down
• Volume spike = Possible capitulation zone
🧱 Key Support Zones:
✅ $95 – $98 = Major Strong Support
This zone has historical demand and is currently defending price.
🚀 Potential Upside (Relief Bounce):
If $95 holds firmly:
➡️ $103 – $106 (first reaction zone)
➡️ $110 – $115 (next resistance)
➡️ $120+ only if strong bullish continuation
⚠️ Bearish Risk Scenario:
If $95 breaks with high volume:
➡️ $90 – $92 (next support)
➡️ $82 – $85 (extreme panic zone)
💡 Conclusion:
$95 area is a make-or-break level for $SOL .
Either we see a solid bounce 📈
Or another panic leg down 📉
Trade smart, wait for confirmation & manage risk! 💪
#MarketCorrection #USGovShutdown #WhoIsNextFedChair #CZAMAonBinanceSquare #USIranStandoff $SOL
