🚨
$SOL /USDT Testing Mid-Term Support
SOL trades at $87.52 (+4.66%) after bouncing from the recent swing low near $67.29.
Price is attempting short-term recovery, but the higher timeframe trend remains cautious.
📊 Key Levels:
• 🟢 Support: $81 → $67
• 🔵 Immediate Resistance: $92 → $99
• 🔴 Major Trend Resistance: $117+ (MA99 zone)
📉 Indicators Insight:
• MA(7) crossing above MA(25) → short-term bullish momentum building
• Price still below MA(99) → long-term downtrend not fully reversed
• MACD turning positive → momentum shift in progress
• Volume increasing on green candles → buyers stepping in
📌 Market Structure:
After a sharp correction from $148 highs to $67 lows, SOL is forming a potential base between $80–$90.
Break above $92–$99 could open move toward $110+.
Failure to hold $81 may retest $70 zone.
⚡ Scenarios:
• Bullish: Daily close above $99 → continuation toward $110–$117
• Bearish: Rejection at $92 → pullback to $81 support
What’s your bias on SOL? Accumulating here or waiting for confirmation? 👇
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