$SOL is currently in a high-stakes tug-of-war after bouncing off its recent low of $67.50. Here is the quick 4h chart breakdown:
* Current Price: $87.80 (-0.42%).
* The Squeeze: SOL is pinned between the EMA(7) at $87.66 (support) and the EMA(25) at $88.74 (resistance). A breakout either way will set the tone for the week.
* Resistance: Significant overhead pressure remains at the EMA(99) near $104.53.
* Sentiment: Order book shows 57% sell pressure vs. 43% buy interest, suggesting the bears still have the upper hand for now.
The Play: Look for a clean close above $89.00 to signal a run toward $100. Otherwise, we might revisit the $80 level to build more support. š”ļø
SOLUSDT
Perp
77.17
-2.89%