$SOL remains in a bearish daily structure, trading below key moving averages. However, price is reacting near demand zones, suggesting a potential short-term bounce.
Support levels:
$80 – $78 (local support / demand zone)
$70 – $68 (major downside support)
Resistance levels:
$95 – $100 (first key resistance)
$115 – $120 (strong supply zone)
Indicators:
RSI: Oversold, bounce possible
Trend: Still bearish unless resistance is reclaimed
Volume: Needs expansion to confirm any upside move
Bias:
Short-term relief bounce possible, but trend remains bearish until price reclaims and holds above the $100 area. Trade reactions at key levels, not emotions.
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SOL
77.16
-4.37%